Tag: rate hikes,
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Bank of Korea to assess inflation, growth for rate hikes, board member says
SEOUL, Sept 22 : A board member of the Bank of Korea said on Tuesday the central bank will determine the timing and pace of further interest rate hikes by closely assessing inflation, economic growth and financial stability.• “Going forward, factors such as accumulating financial imbalances, sector-specific
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Bank of Korea minutes show possible policy rift on back-to-back rate hikes
SEOUL, Sept 15 : The Bank of Korea’s decision to carry out back-to-back interest rate hikes in August was a more contentious affair than the headline vote suggested, meeting minutes released on Tuesday showed, signaling divisions that could slow the future tightening pace.The BOK on August 27 raised its bench
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Shares slip in Asia as oil climbs, rate hikes loom
SYDNEY, Sept 14 : Share markets slid in Asia on Monday as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and Japan this week.Brent climbed 3 per cent as new strikes on Saudi Arabia and on ships in the Gulf tested nerves,…
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BOJ’s Takata urges nimble rate hikes, says 2026 marks a turning point
SAPPORO, Japan, Sept 2 : The Bank of Japan should conduct interest rate hikes nimbly to counter intensifying inflationary pressures, rather than adhere to a fixed semiannual pace anticipated by markets, hawkish board member Hajime Takata said on Wednesday.Speaking at a news conference in Sapporo, Takata said
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BOJ’s Takata urges nimble rate hikes to counter inflation pressures
TOKYO, Sept 2 : The Bank of Japan should conduct interest rate hikes nimbly in response to inflationary pressures, rather than at a fixed semiannual pace, hawkish board member Hajime Takata said on Wednesday.Rather than semiannual rate hikes previously anticipated by markets, 2026 represents a regime change,
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BOJ must conduct rate hikes nimbly, hawkish board member says
TOKYO, Sept 2 : The Bank of Japan must conduct interest rate hikes nimbly after gauging domestic financial conditions and examining overseas developments, hawkish board member Hajime Takata said on Wednesday.”I consider it necessary for the BOJ to shift from the current stance of encouraging a rise in underly
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BOK delivers back-to-back rate hikes, signals gradual tightening ahead
SEOUL, Aug 27 : The Bank of Korea on Thursday raised its benchmark interest rate by a quarter percentage point to 3.00 per cent, delivering a second straight increase as inflation stays above target and financial stability risks persist.Following the decision, Governor Shin Hyun Song signaled that the bank wo
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BOK delivers back-to-back rate hikes, remains hawkish
SEOUL, Aug 27 : The Bank of Korea on Thursday raised its benchmark interest rate by a quarter percentage point to 3.00 per cent, as expected, delivering a second straight increase as inflation stays above target and financial stability risks persist.The seven-member monetary policy board at the BOK voted to r
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BOK delivers back-to-back rate hikes as price pressures persist
SEOUL, Aug 27 : The Bank of Korea on Thursday raised its benchmark interest rate by a quarter percentage point to 3.00 per cent, as expected, delivering a second straight increase as inflation stays above target and financial stability risks persist.The seven-member monetary policy board at the BOK voted to r
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Bank of Korea board members consider more rate hikes, minutes show
SEOUL, Aug 4 : Board members of South Korea’s central bank said they would carefully determine the timing and pace of any further policy tightening, with some suggesting preemptive action, when they raised interest rates at their last meeting on July 16 to control inflation, the minutes showed on Tuesday. Th
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