At its board meeting on the 11th, the European Central Bank (ECB) left its main policy interest rate unchanged as expected, but hinted at the possibility of a rate cut soon. Photographed in December 2023 (2024 Reuters/Kai Pfaffenbach) (Reuters) – The European Central Bank (ECB) left its main policy interest rate unchanged as expected at … Read more
The yen is depreciating as the market recognizes that the Bank of Japan, which lifted negative interest rates on March 28, will move forward with financial normalization “slowly.” Photographed on the 18th in front of the Bank of Japan head office in Tokyo (2024 Reuters/Kim Kyung-Hoon) TOKYO (Reuters) – The yen is depreciating as the … Read more
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On February 16, Finance Minister Shunichi Suzuki stated at the House of Representatives Finance and Financial Services Committee regarding the relationship between the Bank of Japan’s monetary policy changes and the decision to end deflation, “The government cannot comment on whether or not ending deflation will be linked to the lifting of negative interest rates.” … Read more
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[Tokyo, 8th]- At its board meeting on the 6th of this week, the Reserve Bank of Australia (RBA) announced that it would leave policy unchanged, but maintained its tightening bias. The Australian dollar is expected to recover against the US dollar in the medium to short term, and in the meantime, it is likely to … Read more