The US economy is expanding rapidly, yet inflation is still there. In the meantime, the Federal Reserve conveys, via Chair Jerome Powell, conflicting messages: while the US central bank supports market-led tightening through higher rates, it is not a big fan of immediate rate cuts. Economic DataOn the data front; …
Read More »Bank of Japan keeps interest rates unchanged
The Bank of Japan raised its inflation forecast but kept interest rates unchanged at -0.1% and warned of risks to the economy, cementing its position as an outsider in the global central bank’s tightening wave. The decision came hours before the European Central Bank, which will consider a larger-than-expected 50 …
Read More »Bank of Japan Preview
The Bank of Japan (BoJ) will announce its monetary policy decision on Thursday, July 21 at 03:00 GMT. The central bank is expected to keep interest rates unchanged as the policymakers are committed to keeping a dovish tone to revive the overall demand in the economy. The BoJ is focused …
Read More »BoJ Could Likely Maintain The Same Dovish Stance
The Bank of Japan will announce its monetary policy decision on Friday, June 17 at 03:00 GMT and as we get closer to the release time, here are the expectations forecast by the economists and researchers of six major banks.The BoJ could most likely remain the same dovish stance by …
Read More »S&P 500 Retreats Under 4600 As Fed’s Tightening-Fears Push Selling
The S&P 500 Index has dipped under 4600 and is down by another more than 1.5% as the equity downturn continues. Concerns about Fed’s tightening policy and higher US bond yields continue to be the main driver of the selling. The equity bears have picked up where they left off …
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