On January 24th, the Bank of Japan made an interest rate decision by 8 votes to 1, and the Bank of Japan's deliberator, Toyoaki Nakamura, disagreed with the decision to raise interest rates.
Japan's central bank target interest rate is 0.5% until January 24, expected to be 0.50%, and the previous value is 0.25%.
The Bank of Japan voted 8-1 to raise interest rates for the third time, saying real interest rates remain negative and will continue to rise as needed. Click to view...
On January 24th, the Bank of Japan raised interest rates to 0.5% on Friday, in line with market consensus expectations, reflecting the bank's growing optimism that wages will continue to rise and inflation will continue to stay near its 2% target. The BoJ's rate hike is the third in less than a year and takes the policy rate to its highest level since 2008. The committee voted 8:1 to raise interest rates. Commissioner Toshiaki Nakamura opposed the decision to raise interest rates. Reports earlie...
The Bank of Japan raised its target interest rate by 25 basis points to 0.50 per cent from 0.25 per cent as expected, the biggest increase since 2007 and the highest since October 2008. The BoJ has raised rates three times in less than 12 months since it restarted in March last year.
President Trump: The Federal Reserve is expected to listen to my views on interest rates, and I will consider communicating with Federal Reserve Chairperson Jerome Powell on interest rates.
According to the CME "Fed Watch", the probability of the Fed keeping interest rates unchanged in January is 99.5%, and the probability of cutting interest rates by 25 basis points is 0.5%. The probability of maintaining current interest rates unchanged in March is 71.6%, the probability of a cumulative rate cut of 25 basis points is 28.2%, and the probability of a cumulative rate cut of 50 basis points is 0.1%.
President Trump said he would demand an immediate reduction in interest rates.
Despite the strengthening of the dollar and real interest rates in early January, gold futures buying is still accelerating. Click to view...
The Bank of Japan is widely expected to raise its base rate to 0.5 per cent on Friday, with the 25 basis point increase the largest since February 2007, adding to signs that Japan's economy is finally returning to normal. Two key points that Bank of Japan Governor Kazuo Ueda made clear last month when considering a rate hike have been largely clear. So far, the country's wages have risen...
According to the CME "Fed Watch", the probability of the Fed keeping interest rates unchanged in January is 99.5%, and the probability of cutting interest rates by 25 basis points is 0.5%. The probability of maintaining current interest rates unchanged in March is 75.6%, the probability of a cumulative 25 basis point cut is 24.3%, and the probability of a cumulative 50 basis point cut is 0.1%.
On January 22nd, the European Central Bank Governing Council Knott said that the obstacles to another interest rate cut next week are very small. The data is encouraging and confirms that we will return to our target. (Golden Ten)
European Central Bank Governing Council Member Knott said there are few obstacles to another interest rate cut next week. The data is encouraging and confirms that we will be back on target and hope to see the economy recover before making further judgments. (Golden Ten)
According to the CME "Fed Watch", the probability of the Fed keeping interest rates unchanged in January is 99.5%, and the probability of a 25 basis point cut is 0.5%. The probability of maintaining current interest rates unchanged in March is 73.6%, the probability of a cumulative 25 basis point cut is 26.3%, and the probability of a cumulative 50 basis point cut is 0.1%.
According to Kyodo News Agency, the Bank of Japan is moving towards raising interest rates at this week's meeting.