On February 11, Federal Reserve Hamak said that the rate hike is not in my basic expectations. The extent of the impact of the rate hike in 2024 in the economy is not yet clear, and it may be close to the neutral rate. The economic and trade policies of US President Trump will be evaluated, and it is expected to see stress testing changes in the Federal Reserve system in the coming months. (Golden Ten)
Prices of most Japanese government bonds fell in early trading on the prospect of further interest rate rises by the Bank of Japan. Household spending rose 2.7 per cent in real terms in December from a year earlier, beating consensus expectations, according to economic data released this morning. The figures are likely to add to the case for another rate rise by the Bank of Japan. Naoki Tamura, a hawkish member of the central bank's policy committee, on Thursday called for a possible quicker pac...
Japanese economic data support the Bank of Japan's expectation of another interest rate hike, but tonight's U.S. data may pose upside risks to the United States and Japan.
Powell appears to have allayed concerns about his shift to rate hikes, but it doesn't sound like he's looking for the next opportunity to cut rates either.
Bank of Japan Governor Kazuo Ueda: The timing and extent of interest rate hikes will further depend on economic, financial, and price conditions.
On January 24th, the Bank of Japan raised its target interest rate from 0.25% to 0.50% if it expected to raise interest rates by 25 basis points. The rate hike was the largest since 2007, and interest rates rose to a new high since October 2008. After restarting interest rate hikes in March last year, the Bank of Japan has raised interest rates three times in less than 12 months.
Bank of Japan: After raising interest rates on Friday, monetary policy conditions are likely to remain accommodative.
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.
According to Kyodo News Agency, the Bank of Japan is moving towards raising interest rates at this week's meeting.
Bank of America has revised its forecast for the Bank of Japan to raise interest rates in January, or this week, from March. The bank now expects the BoJ to raise interest rates by 25 basis points to 0.50 per cent at its policy meeting this Friday. A rate rise in March had previously been BofA's preferred forecast because it gave the BoJ more time to assess the policies of the new US administration. However, strong price data and the possibility that the BoJ board will need to revise its inflati...
Traders upped their bets that the ECB will cut rates by 100 basis points this year.
The Bank of Japan's "second brother" said to boost interest rate hike expectations, but the high level of... may limit the downside of the United States and Japan? The United States and Japan may rise to this level in Quarter 1... > >
The yen weakened against most other G10 and Asian currencies in morning trading on the prospect of a slow rate hike by the Bank of Japan in 2025. Market participants have pushed back expectations for the next rate hike by the Bank of Japan until March, Lloyd Chan, an analyst at MUFG, said in a research note. The senior FX analyst said they had expected the Bank of Japan to raise rates in December 2024 or January 2025. Meanwhile, the long-term US national...
The X platform raised the price of its premium subscription service Premium + by 37.5% to $22 per month, the largest increase since Musk's acquisition of the platform in 2022. The US market took effect first, and the price adjustment was implemented on December 21. Existing users can maintain the original price until January 20, 2025. The price of the European Union region rose from 16 euros to 21 euros per month, and Canada from 20 Canadian dollars to 29 Canadian dollars. The price of the platf...