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...
On November 20th, following the sharp decline in the loan market quotation rate (LPR) in October, the two-term variety in November "stayed put" as scheduled. The analysis believes that, in view of the current LPR pricing basis remains stable, the bank interest rate is under pressure and there is no downward pressure, and this month's quotation is stable in line with expectations; looking ahead, due to the previous series of policy effects are still emerging, there is no urgent downward pressure ...
The Federal Reserve cut interest rates "as scheduled", and Trump's election "seems" to have not affected the Federal Reserve. Will there be any variables in the future rate cut process? A picture to understand the Federal Reserve's interest rate decision in November > >
The Bank of Korea cut interest rates by 25 basis points as scheduled, from 3.5% to 3.25%.
The Bank of Canada cut interest rates as scheduled, and the dollar fell nearly 20 points against the Canadian dollar USD/CAD in the short term, trading at 1.3541.
According to market news, the Federal Reserve said that the FOMC meeting will start at 10 am local time on Tuesday as scheduled. It is reported that the dollar index DXY rose 10 points in the short term and is now trading at 104.76.