Former Bank of Japan Board Member Highlights Conditions for Exiting Accommodative Monetary Policy
Former Bank of Japan advisory board member, Tsuyoshi Kataoka, suggested on Thursday that the central bank will only be able to exit its accommodative monetary policy if it consistently meets its 2% inflation target. Speaking at the Reuters Global Markets Forum, Kataoka emphasized the importance of successful wage negotiations in the spring of 2024 to […]
Fed President Thomas Barkin Urges Caution as US Economic Growth Shows Signs of Re-Acceleration
Richmond Federal Reserve Bank President Thomas Barkin Discusses Potential Re-Acceleration of US Economic Growth by [Author Name] Washington, DC – In a statement released on Thursday, Thomas Barkin, the President of the Federal Reserve Bank of Richmond, emphasized the need for the Federal Reserve Board (Fed) to be aware of the possibility that the United […]
Weaker Non-Farm Payrolls Growth in July Decreases Probability of Rate Hike
US Non-Farm Payrolls Growth Below Expectations, Chance of Rate Hike Declines Washington, DC – According to the US Labor Department’s July jobs report, the nonfarm payrolls in July grew at a slower rate than anticipated, causing the Federal Funds futures market’s implied probability of another rate hike this year to fall below 30%. This news […]
US Interest Rate Futures Market Sees Slight Drop in July Rate Hike Probability Following Slower PCE Price Index
US Interest Rate Futures Market Slightly Less Confident in July Rate Hike The US interest rate futures market showed a slight decline in the probability of a rate hike at the upcoming July meeting of the Federal Open Market Committee (FOMC). Previously standing at around 90%, the probability has now shifted to approximately 85%. This […]
Bank of Japan Deputy Governor Discusses Current Situation and Monetary Policy in Recent Interview
Interview with Ryozo Himino, Deputy Governor of the Bank of Japan Current Situation and Price Forecasts In a recent interview with Ryozo Himino, Deputy Governor of the Bank of Japan, he expressed his observations on the current situation and forecasts for prices. Himino noted that consumer price index appears to be relatively strong, with food […]
Fund allocation to stocks, lowest level in 5 months = BofA survey | Reuters
Global fund managers’ allocations to equities fell to five months, according to a Bank of America (BofA) survey released on Monday. Picture taken in March 2022 (2023 REUTERS/Brendan McDermid) LONDON (Reuters) – Global fund managers’ allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released on Monday. The […]
The US economy is robust but slowing in some parts = Treasury Secretary Yellen | Reuters
US Treasury Secretary Yellen said on Thursday that the US economy was doing well on strong consumer spending, but that some regions were slowing. He said he expected inflation to continue to fall over the next two years. He gave an interview to CNBC. (2023 REUTERS/Elizabeth Frantz) [ワシントン ７日 ロイター] – US Treasury Secretary Yellen […]
US debt ceiling suspension bill, approval prospects = Speaker of the House | Reuters
US House Speaker McCarthy (Republican) announced on the 31st that there will be a vote on the bill to temporarily suspend the federal debt ceiling, and the bill will be passed. (Reuters/Julia Nikhinson, 2023) [ワシントン ３１日 ロイター] – US House Speaker McCarthy (Republican) announced on the 31st that there will be a vote on the […]
US debt ceiling talks, discrepancies over $70 billion discretionary spending ‘close to agreement’ = sources | Reuters
Negotiations between President Biden and House Speaker McCarthy over raising the US debt ceiling are nearing a deal, with a difference of just $70 billion between the two on “discretionary spending,” excluding social security and other items. (2023 REUTERS/Craig Hudson) [ワシントン ２５日 ロイター] – Talks between President Biden and Speaker of the House McCarthy over […]
Responding to criticism of the US debt ceiling, Mr Biden adjusts telephone discussions with the Speaker of the House | Reuters
The US administration and Congressional Republicans traded accusations on Wednesday over the federal debt ceiling. No talks took place that day, and a White House official said President Biden had directed his administration team to schedule a phone call with House Speaker McCarthy (pictured, a Republican) for Monday morning ET. FILE PHOTO: Washington, DC May […]
