BOJ May Consider Reducing Bond Purchases as Rate Hike Approaches
BOJ May Consider Reducing Bond Purchases as Rate Hike Approaches The Bank of Japan (BOJ) is anticipated to discuss reducing its bond purchases at a policy meeting concluding on Friday, with expectations also set for preparations to increase interest rates as early as next month. All but one economist in a Bloomberg survey expect the
Read moreAustralian PM’s Support Falls After Weak GDP Growth
Australian PM’s Support Falls After Weak GDP Growth Support for Australia’s center-left Labor government has slumped following a week of unfavorable economic news and political tensions over immigration, according to a new poll. Prime Minister Anthony Albanese’s party has hit its lowest point since winning power two years ago. A Newspoll survey published by The
Read moreANZ Economists Predict Earlier OCR Cut Amid ‘Meaningful Progress’ in Inflation Battle
ANZ Economists Predict Earlier OCR Cut Amid ‘Meaningful Progress’ in Inflation Battle Economists at ANZ New Zealand, the country’s largest bank, have revised their forecast for the first Reserve Bank Official Cash Rate (OCR) cut, moving it up to February 2025 from the previously anticipated May 2025. Currently, the OCR stands at 5.50%, unchanged since
Read moreTaiwan Central Bank Chief Links Rate Cut to Inflation Control
Taiwan Central Bank Chief Links Rate Cut to Inflation Control On Thursday, Taiwan’s central bank governor highlighted that inflation remains the crucial determinant in the potential decision to adjust interest rates at the upcoming meeting next week. During a session with legislators in parliament, Governor Yang Chin-long noted that Taiwan’s current interest rates are at
Read moreRBA Governor Bullock Predicts ‘Quite Low’ March GDP Numbers
RBA Governor Bullock Predicts ‘Quite Low’ March GDP Numbers Reserve Bank of Australia (RBA) Governor Michele Bullock has indicated that a rebound in inflation or persistently high price pressures could necessitate further interest rate hikes. Speaking at a senate estimates hearing, Bullock emphasized the RBA’s readiness to act if inflation remains uncomfortably high, stating that
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Japanese Yen Consolidates as US Dollar Holds Firm Amid Rising Treasury Yields
Australian Dollar Strengthens Amid Rising Odds of Aggressive Fed Rate Cut
US Yields Boost Dollar, Weaken Yen
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