Tag: rate hike,
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Hawkish BOJ policymaker calls for rate hike once every few months
KOBE, Japan, June 25 : The Bank of Japan should raise interest rates once every few months and stand ready to speed up the pace of hikes, hawkish board member Naoki Tamura said, highlighting the bank’s focus on inflationary risks from the Middle East conflict.The remarks came in the wake of the central bank’s
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Dollar at 13-month high as rate hike bets, stock rout boost demand
HONG KONG, June 24 : The U.S. dollar extended gains to reach a fresh 13-month high against a basket of major currencies on Wednesday as investors sought shelter from a tech stock sell-off and positioned for Fed rate hikes. A broad sell-off in technology and semiconductor shares has dragged global stocks lowe
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Dollar holds two-month high on rate hike bets, yen slides
HONG KONG, June 18 : The U.S. dollar clung to a more than two-month high on Thursday after a hawkish hold triggered rate-hike bets despite a U.S.-Iran deal, while the yen weakness drew fresh verbal warnings from Japanese officials.The U.S. central bank held rates steady in a 3.50 per cent-3.75 per cent range
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Investors respond positively to Bank Indonesia’s surprise rate hike, with inflows up, official says
JAKARTA, June 12 : Indonesia’s central bank spokesperson said on Friday that foreign investors have responded positively to its rare off-cycle interest rate hike and an increase in bond yields, as reflected by a rise in foreign capital inflows this week.Bank Indonesia (BI) raised interest rate by 25 basis poi
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