Japanese Yen Surges on Bets for More BOJ Interest-Rate Hikes
The Japanese yen rose to a six-week high against the dollar Friday. While trading was thin because of the Black Friday holiday in the U.S., the moves are still worth watching after volatility in the Asian currency sparked market turmoil earlier this year.
Bank of Japan Governor Kazuo Ueda said interest-rate hikes are “nearing” as inflation and economic trends develop in line ...
Comparative assessments and other editorial opinions are those of U.S. News and have not been previously reviewed, approved ...
The Bank of Japan suffered record valuation losses on its government bond holdings in the first half of the fiscal year as ...
Japan could have faced deflation for several years starting around 2016 without the Bank of Japan’s massive monetary stimulus ...
With his latest remarks, Ueda leaves open the possibility of a December rate move without boxing himself in to that position.
Tokyo inflation accelerated more than expected in November while other data showed the economy moving broadly in line with ...
Bank of Japan Governor Kazuo Ueda said the economy was progressing towards sustained wages-driven inflation and warned ...
The yen surged to a six-week high following unexpected inflation increases in Tokyo, heightening speculation of a Bank of ...
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