Tag: rate
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Dollar steady before Jackson Hole, yen unmoved by BOJ Himino’s remarks
TOKYO, Aug 27 : The U.S. dollar traded in a narrow range on Thursday ahead of the Jackson Hole symposium, while the yen held steady after a Bank of Japan policymaker did not rule out a rate hike next month but stopped short of explicitly signalling one.The euro was up 0.05 per cent against the…
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BOJ deputy chief calls for timely rate hike, focus on inflation risk
URAWA, Japan, Aug 27 : Bank of Japan Deputy Governor Ryozo Himino on Thursday stressed the need for timely interest rate hikes with a focus on the risk of an inflation overshoot, reinforcing dominant market expectations for a near-term increase in borrowing costs.But he refrained from giving explicit signals
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Dollar steady before Jackson Hole, yen little changed after BOJ’s Himino speech
TOKYO, Aug 27 : The U.S. dollar traded in a narrow range on Thursday ahead of the Jackson Hole symposium, while the yen held steady after a Bank of Japan policymaker did not rule out a rate hike next month but stopped short of explicitly signalling one.The euro was up 0.07 per cent against the…
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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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Dollar near eight-day high as US data lifts Fed hike bets
TOKYO, August 27 : The dollar held near an eight-day high on Thursday after U.S. inflation and other economic data slightly lifted expectations of a Federal Reserve rate hike, ahead of the Jackson Hole central bankers’ symposium due to begin later in the day.Markets will also look to a speech and press confer
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BOJ to speed up its tightening campaign, raise key rate to 1.25% in September: Reuters poll
TOKYO, Aug 26 : The Bank of Japan will move more swiftly than previously expected and raise interest rates again in September, a majority of economists said in a Reuters poll, with the terminal rate also likely to be higher.Poll results reflect in part the Japanese central bank’s growing wariness about inflat
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A date on the calendar could shape the BOJ’s endgame on interest rates
TOKYO, Aug 21 : The Bank of Japan has set next year’s July policy meeting just in time for its two hawkish board members to vote before their five-year terms expire, a scheduling quirk that could prove crucial for how high Japanese interest rates may ultimately rise.Under a calendar of next year’s scheduled p
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US long-term borrowing costs ease after government steps in
It comes after the interest rate on 30-year bonds reached the highest level in almost 20 years.
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