Japan Wholesale Inflation Perks up in Oct, Complicates BOJ Rate Hike Timing
The corporate goods price index (CGPI), which measures the price that companies charge each other for goods and services, rose 3.4% in October from a year earlier, Bank of Japan data showed, above market forecasts for a 3.0% gain. It followed a 3.1% increase in September.
Ueda Indicates BOJ Still on Track for More Rate Hikes After Hold
The Bank of Japan kept its benchmark interest rate unchanged while sticking to its view that it’s on track to achieve its inflation target, an outlook that points to the possibility of another rate hike in the coming months.
BoJ Cautious On Rate Hike Timing, October Summary Shows
The Bank of Japan board members said they need to be cautious on the timing of future rate hike, a summary of opinions showed on
Japan's rising wholesale inflation heightens uncertainty on BOJ's rate hike timing
Japan's wholesale inflation accelerated in October as renewed yen falls pushed up import costs for some goods, data showed on Wednesday, complicating the central bank's decision on how soon to raise interest rates.
BOJ’s October policy meeting reveals divisions among policymakers on rate hike timing
The summary of opinions from the BOJ’s October policy meeting on Monday revealed divisions among members on the timing of future interest rate hikes, with some warning of the risk of renewed market volatility.
Former BOJ Member Weighs in on Political Headwinds Facing Japan Central Bank
Former Bank of Japan policy board member Takahide Kiuchi said the domestic political situation is tilted against more rate ...
BOJ Hints at Caution on Rate Hike With No Clear December Hint
Bank of Japan board members discussed the need for caution on raising its benchmark rate and offered no clear hint of a move ...
BOJ divided on rate hike timing, October summary shows
Bank of Japan policymakers were divided on how soon they could raise interest rates with some warning of the risk of renewed ...
Ahead of new inflation report, BOJ warns slow move downwards for interest rates
“It is expected that the BOJ will continue to gradually reduce interest rates due to the moderation of inflation as evidenced ...
Bank of Japan embraces data dependency, summary of opinions shows
In late October, Bank of Japan policymakers expressed a range of opinions on the Japanese economy and monetary policy. The weight of views indicated a desire to keep raising interest rates, but with ...
Trump victory heightens risks for BOJ as yen renews slide
A dollar rally triggered by Republican Donald Trump's victory in the U.S. presidential election could heighten pressure on ...
BoJ Summary of Opinions: Member suggests easing adjustment if outlook is achieved
The Bank of Japan (BoJ) published the Summary of Opinions from its October monetary policy meeting on October 30 and 31, with ...
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Japan’s rising wholesale inflation heightens uncertainty on Bank of Japan’s rate hike timing
The corporate goods price index, which measures the price that companies charge each other for goods and services, rose 3.4 ...
BOJ summary: Reduced risk of hard landing for US economy
A summary of opinions from the Bank of Japan's October policy meeting shows board members saw decreased risk of a hard landing for the US economy.