Minneapolis Fed President Advocates for Further Rate Hike to Tackle Inflation

Minneapolis Fed President Advocates for Further Rate Hike to Tackle Inflation

NEW YORK, Nov 7 (Reuters) – Minneapolis Federal Reserve President Neel Kashkari said the U.S. central bank still has work to do to control inflation, suggesting he favors a further rise in interest rates. At the end of its monetary policy meeting last week, the Fed once again kept interest rates unchanged and analysts believe … Read more

Former BOJ Board Member Tsuyoshi Kataoka on Achieving 2% Inflation Target and Exiting Accommodative Monetary Policy

Former BOJ Board Member Tsuyoshi Kataoka on Achieving 2% Inflation Target and Exiting Accommodative Monetary Policy

Former Bank of Japan advisory board member Tsuyoshi Kataoka said on Thursday that the Bank of Japan will only be able to exit its accommodative monetary policy if it achieves its 2% inflation target on a sustained basis. July 2017 (2023 REUTERS/Issei Kato) [ムンバイ 4日 ロイター] – Former BOJ board member Tsuyoshi Kataoka said on … Read more

U.S. Nonfarm Payrolls Report: Weaker July Growth Decreases Chance of Rate Hike to Below 30%

U.S. Nonfarm Payrolls Report: Weaker July Growth Decreases Chance of Rate Hike to Below 30%

A weaker-than-expected U.S. nonfarm payrolls report in July pushed the Federal Funds futures market’s implied probability of another rate hike this year to less than 30%. 2008 Washington, D.C. (2023 REUTERS/Jason Reed/File Photo) (Reuters) – U.S. interest rate futures are pricing in a 30% chance of another rate hike this year after July’s weaker-than-expected nonfarm … Read more

US Interest Rate Futures Market Price Decreases for July FOMC Rate Hike Probability

US Interest Rate Futures Market Price Decreases for July FOMC Rate Hike Probability

On the 30th, the US interest rate futures market priced in the rate hike probability at the Federal Open Market Committee (FOMC) in July slightly decreased from about 90% to about 85%. Pictured is the US Federal Reserve Board (FRB). FILE PHOTO: March 2019. (Reuters/Leah Millis) [30日 ロイター] – In response to the May US … Read more

World Bank Forecasts Higher Real GDP Growth in 2023, but Cuts Forecast for 2024

In its latest World Economic Outlook, the World Bank forecast growth of 2.1% in 2023, up from 1.7% in its previous forecast released in January. FILE PHOTO/Johannes P. Christo/File Photo/File Photo/File Photo WASHINGTON (Reuters) – The World Bank forecast real GDP growth of 2.1% in 2023 in its latest World Economic Outlook released on Wednesday, … Read more

“BlackRock CEO Larry Fink predicts further interest rate hikes in response to persistent inflation”

BlackRock CEO Larry Fink said on Monday that inflation remains persistent and the Federal Reserve must raise interest rates further to contain price pressures. said it might not. FILE PHOTO: BlackRock CEO Larry Fink speaks to CNBC at the New York Stock Exchange April 14, 2023. REUTERS/Brendan McDermid [ニューヨーク 31日 ロイター] – BlackRock CEO Larry … Read more

“University of Tokyo Professor: BOJ May Raise Interest Rates Depending on Labor Outcome”

TOKYO (Reuters) – Tsutomu Watanabe, professor of economics at the University of Tokyo, said in an interview with Reuters that the BOJ could raise short-term policy interest rates as early as next year depending on the outcome of next year’s spring labor offensive. Stated. Watanabe, who serves as a member of the special session of … Read more

“Russia’s Central Bank Limits Impact of Foreign Company Sales on Financial Stability”

Russia’s central bank released a financial stability report on May 26, saying that only four sales of Russian assets have paid foreign companies more than $400 million since October last year. Accompany the photo. FILE PHOTO: Moscow, December 2018. REUTERS/Maxim Shemetov [モスクワ 26日 ロイター] – Russia’s central bank released a financial stability report on Monday, … Read more

“U.S. Deputy Treasury Secretary Adhemo says there’s no “Plan B” for federal debt ceiling payments”

U.S. Deputy Treasury Secretary Adhemo said on Thursday that he does not have a “Plan B” that would allow him to pay off the federal debt ceiling. April 2022 (2023 REUTERS/Eduardo Munoz/File Photo) (Reuters) – U.S. Deputy Treasury Secretary Adhemo said on Wednesday that the United States does not have a “Plan B” to pay … Read more

IMF Urges Central Banks to Keep Monetary Policy Tight Amid Inflation Risks

International Monetary Fund (IMF) chief deputy managing director Gita Gopinath on Monday urged central banks to keep monetary policy tight, saying there was a high risk of inflation remaining high or accelerating in many emerging markets. FILE PHOTO: April 14, 2023. REUTERS/Elizabeth Frantz [ワシントン 17日 ロイター] – International Monetary Fund (IMF) chief deputy managing director … Read more