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Bessent says BOJ is 'behind the curve' on inflation, likely to hike rates, in Bloomberg interview
The Bank of Japan will likely be raising interest rates as it is behind the curve in dealing with the risk of inflation, U.S.
Investing.com-- Most Asian currencies firmed on Thursday, with the Japanese yen in the lead as the dollar was pressured by markets pricing in an interest rate cut by the Federal Reserve in September.
By Leika Kihara TOKYO (Reuters) -Pressure is mounting within the Bank of Japan to ditch a vaguely defined gauge of inflation as worries about second-round price effects prompt some board members to ...
US Treasury Secretary Scott Bessent criticised the Bank of Japan’s (BoJ) stance on inflation, saying that the Japanese ...
However, the EUR/JPY cross gained ground as the Euro (EUR) appreciated, driven by the prevailing anticipation that the ...
Bank of Japan policymakers debated the likelihood of resuming interest rate increases with one signaling the chance of a hike ...
US TREASURY Secretary Scott Bessent said the Bank of Japan is falling behind the curve in addressing inflation, in a rare comment admonishing policy decisions by a foreign central bank. Read more at ...
The yen rose the most in almost two weeks after US Treasury Secretary Scott Bessent said he expected Japan to raise interest ...
Some Bank of Japan policymakers warned of mounting inflationary pressures and one signaled the chance of resuming interest ...
Investing.com-- The Bank of Japan is behind the curve in managing inflation and is likely to hike interest rates soon, ...
The yen was boosted by increased speculation over a rate hike by the Bank of Japan, after U.S. Treasury Secretary Scott ...
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