Fashion
Former Japan currency chief says FX intervention should be backed by rate hikes
Nakao warned that the yen could weaken further if the BOJ was slow to raise interest rates Currency intervention using Japan’s foreign…
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Culture
BOJ summary suggests emerging urgency around timely rate hikes
A SUMMARY of opinions from the Bank of Japan’s (BOJ’s) January policy meeting indicated a growing awareness of the need to raise interest…
Fashion
Australia set for U-turn to rate hike in break from global trend
The turnaround has been driven by stubborn price pressures buttressed by a surprise drop in unemployment Australia’s central bank faces…
Culture
Some in Bank of Japan saw need to watch weak-yen impact on prices in timing rate hike: December minutes
A few Bank of Japan board members said the central bank must be mindful of the impact a weak yen could have on underlying inflation in…
Business
Long-term mortgage rate drops to lowest point in more than 3 years
The average long-term U.S. mortgage rate is now down to its lowest level in more than three years. The benchmark 30-year fixed mortgage…