BOE Keeps Interest Rates on Hold
BOE on Hold but Dovish Policy Shift towards Cuts The Bank of England decided to keep interest rates unchanged at 0.5%, with two members changing their stance from previously advocating…
FED Sticks to Three Rate Cuts this Year
FED Three Rate Cut Plan is on Track for 2024 Federal Reserve officials indicated that they still expect to cut interest rates by three-quarters of a percentage point this year,…
BOJ Rate Hike Speculation Points to End of Negative Rates
Rising Wages and Speculation on BOJ Rate Hike The Bank of Japan (BOJ) is currently in the spotlight as speculation mounts regarding a potential rate hike, signaling a possible end…
US CPI Inflation Report February 2024 – Higher than Expected
Inflation Report Means FED will Remain Cautious Inflation rose in February, with the consumer price index increasing by 0.4% for the month and 3.2% compared to a year ago. This…
Powell: Not Far From Interest Rate Cut
US Federal Reserve Close to Cutting Rates Federal Reserve Chair Jay Powell indicated that the Fed is close to being confident about reducing interest rates, aiming for inflation to sustainably…
Bank of Japan Signal to Exit Negative Rates Strenghens Yen
Bank of Japan Policy Normalization The Japanese yen strengthened to the 147 range against the dollar for the first time since March 7 amidst speculation about the Bank of Japan…