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 ...
Potentially, this technology could be a game-changer, and questions are... USD/JPY: BoJ Hikes Rates, Yen Pares Gains By Kenny Fisher - Jan 24, 2025 The Japanese yen gained as much as 0.8% earlier ...
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 ...
The yen strengthened against the dollar to around 157.80 following this report, after earlier trading around 158.40. The BOJ currently sees the underlying price gauge rising 2% this fiscal year, 1.9% ...
Asia FX weakens as hawkish Fed boosts dollar; yen rises on BOJ rate hike bets By Investing.com - Jan 09, 2025 Investing.com-- Most Asian currencies drifted lower on Thursday, coming under pressure ...
Sakurai spoke as BOJ watchers are looking for hints on whether the rate move may take place this month or later. Sakurai saw the likelihood of a hike in March as high as 70%, as the BOJ may be better ...
Investing.com - European stock markets closed lower on Friday, despite US jobs report showing that US economy unexpectedly added more jobs in December compared to the prior month. The US jobs report,.
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 ...