Fed likely to overlook Trump’s tariff-driven inflationary impacts – Goldman Sachs
Investing.com– The Federal Reserve is expected to largely disregard any inflationary effects stemming from tariffs under Donald Trump’s administration, as such impacts are viewed as one-time price level increases rather than persistent inflationary pressures, Goldman Sachs analysts said in a
Instant View: Investors react to interest rate hike from BOJ
SINGAPORE (Reuters) – The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stably around its 2% target. The board decided to raise the
Yen gains, bond yields rise after BOJ hikes rates
By Kevin Buckland TOKYO (Reuters) – The yen strengthened and Japanese government bond yields rose to fresh multi-year highs on Friday after the Bank of Japan hiked interest rates as expected and raised its inflation forecasts. Japan’s Nikkei share average pared earlier
BOJ hikes interest rates by 25 bps, sees slower growth and higher inflation
Investing.com– The Bank of Japan raised interest rates by 25 basis points, as expected, with the central bank forecasting that inflation will remain underpinned and around its annual target in the coming years. The BOJ slightly trimmed its gross domestic product
Japanese pay increases this year must exceed last year’s, Rengo union head says
TOKYO (Reuters) – Japanese annual pay increases this year must exceed the 5.1% secured last year because real wages continue to fall, the head of the Rengo trade union group told Reuters on Friday. Rengo is formally seeking wage hikes of