ING's economist covering Japan, Min Joo Kang, has been highlighting the risk of a January BoJ hike for a while – largely because the wage data has been coming in on the strong side. A 25bp hike ...
The Bank of Japan (BoJ) is set to hold their monetary meeting across 23 – 24 January 2025. Market expectations are increasingly focused on a 25 basis point (bp) rate hike by the BoJ at its upcoming ...
The remarks, which echo those made by BOJ Deputy Governor Ryozo Himino on Tuesday, pushed up the yen as markets continued to price in the chance of a rate hike at the bank's next policy meeting on ...
The BOJ could hike rates this month if the board is convinced that sustained, broad-based wage hikes will take hold, and keep inflation durably at its 2 per cent target, they said. "Risks to ...
From Cape Town to Stellenbosch and Durban to Kruger National Park, these are the best holiday destinations in South Africa. South Africa has been on my dream destination list for a long time now. From ...
HONG Kong banks are hoarding cash and liquidity despite calls by the government to help out struggling small businesses with funding to reignite the city’s ailing economy. Banks in the city, including ...
Bank of Japan Governor Kazuo Ueda sent a fresh reminder to bankers that he’s going to raise the benchmark rate if the economy continues to improve this year. “Our stance is that we will raise ...
However, the BoJ and December’s Summary of Opinions failed to provide clear signals. While some board members supported a December hike, Governor Ueda emphasized the need for more wage growth ...
“There seems to be a widespread view that the BOJ raising rates two more times this year wouldn’t be considered monetary-policy tightening given the current level of interest rates,” said ...