Governor Ueda has all but confirmed a June 16 rate rise to 1.00%, citing persistent inflation and yen-driven energy shocks, as market pricing reaches 80% odds for the hike.
Tag: interest rates
Posted inEconomy
Eurozone inflation at 3% seals the case for an ECB rate hike on June 11
Eurozone inflation reached 3% in April, sealing expectations for a 25-basis-point ECB rate increase on June 11 — the first increase since the bank’s recent cutting cycle began.
Posted inEconomy
Bank of Japan holds at 0.75% but a three-way dissent signals the next hike is close
The Bank of Japan’s April 28 decision passed 6-3, with three board members calling for an immediate rise to 1.0% — the sharpest internal split in years, set against a slashed growth forecast and rising inflation tied to Iran war energy costs.
Posted inEconomy
The Fed holds fire and hands the chair to Kevin Warsh
The Federal Open Market Committee voted 8-4 on April 29 to keep rates at 3.5–3.75 percent for a third consecutive meeting, as four dissents running in both directions exposed deep internal disagreement about the direction of the next move.