PCE Report Out Today; ECB Cuts Rates by Quarter Point
The PCE report is due at 8:30 a.m. ET Friday. The ECB reduced its key interest rate to 2.75% from 3% Thursday, widening a gap in benchmark borrowing costs with the Federal Reserve. It was the fifth ...
Wall Street follows FTSE higher as traders weigh US economy slowdown and ECB rate decision
US GDP grew by 2.3% on an annualised basis in the final quarter, according to the Bureau of Economic Analysis. This was ...
Japan Today5d
Fed hold rates steady, says job market is solid while inflation remains somewhat elevated
The Bank of Japan, however, is actually raising its rate from a ... unlikely to see much relief from high borrowing costs anytime soon. The average rate on a 30-year mortgage slipped to just below 7% ...
Fed Stands Pat, Entering New Wait-and-See Phase; ECB Rate Decision in Focus
Fed Stands Pat, Entering New Wait-and-See Phase; ECB Rate Decision in Focus By Vicky Ge Huang After cutting interest rates by a cumulative percentage point in the last three meetings of 2024, the ...
japannews.yomiuri5d
Fed Hold Rates Steady, Sees Inflation as ‘Elevated,’ as Powell Declines Comment on Trump
The Bank of Japan, however, is actually raising its rate from a ... unlikely to see much relief from high borrowing costs anytime soon. The average rate on a 30-year mortgage slipped to just below 7% ...
A Long-Term Perspective For The Road Ahead: Insights From Our Q4 2024 Economic And Market Review
Geopolitical tensions and an uncertain inflation outlook rattled markets in the fourth quarter but U.S. stocks still managed ...
japannews.yomiuri2d
With Home Prices and Mortgage Rates High, Many Families Find the American Dream out of Reach
Coupled with high mortgage rates, many have concluded that renting is their only ... Indonesia Launches Free School Meal Program with Support from Japan; Ishiba Currying Favor with New President Japan ...
Japan's Government Interest Costs to Swell More Than 50% in Next Few Years
TOKYO (Reuters) - Japan's annual interest payments on government debt could surge more than 50% over the next few years, ...
Core inflation in Japan's capital hits 1-year high, keeps BOJ rate-hike bets alive
Core inflation in Japan's capital hit 2.5%, marking the fastest annual pace in nearly a year, well exceeding the central bank ...
Forbes1d
Convert Japanese Yen To Mozambican Metical
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BOJ will keep raising rates if economy on track, deputy governor Himino says
Bank of Japan Deputy Governor Ryozo Himino said on Thursday that the central bank will continue to raise interest rates if ...
Japan’s Underlying Inflation Still Slightly Below Target, BOJ Governor Says
Underlying inflation in Japan is still slightly below the central bank’s target of 2%, Bank of Japan Gov. Kazuo Ueda said, ...