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Bessent Says BOJ Is Falling Behind the Curve, Expects Hike
They’re behind the curve,” Bessent told Bloomberg TV on Wednesday, noting that that was his opinion, and that he discussed inflation in Japan with BOJ Governor Kazuo Ueda. “So they’re going to be hiking and they need to get their inflation problem under control,
US Treasury Secretary Scott Bessent criticized the Bank of Japan’s cautious approach to raising interest rates, saying it was ...
The Bank of Japan laid the groundwork this week for resuming interest rate hikes by spelling out explicitly for the first ...
The yen is rising for the third consecutive session, apparently boosted by calls from the US Treasury Secretary for the Bank ...
As speculation mounts that the Bank of Japan will raise interest rates later this year, there’s a growing risk that required ...
Pressure is mounting within the Bank of Japan to ditch a vaguely defined gauge of inflation as worries about second-round ...
The Bank of Japan ((BOJ)) unanimously decided to keep its benchmark short-term interest rate at 0.5% in its July meeting. This move, widely anticipated by the market, maintains borrowing costs at thei ...
TOKYO—The Bank of Japan held monetary settings steady on Wednesday as it expressed concern over the potential impact global trade frictions could have on the Japanese economy. In a widely ...
Japan's core inflation rate in July likely slowed from the previous month but remained above the Bank of Japan's 2% target, a ...
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