Minneapolis Fed President Advocates for Further Rate Hike to Tackle Inflation

Minneapolis Fed President Advocates for Further Rate Hike to Tackle Inflation

NEW YORK, Nov 7 (Reuters) – Minneapolis Federal Reserve President Neel Kashkari said the U.S. central bank still has work to do to control inflation, suggesting he favors a further rise in interest rates. At the end of its monetary policy meeting last week, the Fed once again kept interest rates unchanged and analysts believe … Read more

Former BOJ Board Member Tsuyoshi Kataoka on Achieving 2% Inflation Target and Exiting Accommodative Monetary Policy

Former BOJ Board Member Tsuyoshi Kataoka on Achieving 2% Inflation Target and Exiting Accommodative Monetary Policy

Former Bank of Japan advisory board member Tsuyoshi Kataoka said on Thursday that the Bank of Japan will only be able to exit its accommodative monetary policy if it achieves its 2% inflation target on a sustained basis. July 2017 (2023 REUTERS/Issei Kato) [ムンバイ 4日 ロイター] – Former BOJ board member Tsuyoshi Kataoka said on … Read more

US Interest Rate Futures Market Price Decreases for July FOMC Rate Hike Probability

US Interest Rate Futures Market Price Decreases for July FOMC Rate Hike Probability

On the 30th, the US interest rate futures market priced in the rate hike probability at the Federal Open Market Committee (FOMC) in July slightly decreased from about 90% to about 85%. Pictured is the US Federal Reserve Board (FRB). FILE PHOTO: March 2019. (Reuters/Leah Millis) [30日 ロイター] – In response to the May US … Read more

Goldman Sachs President John Waldron Plans for “Mini-Stagflation” Scenario

Goldman Sachs President John Waldron Plans for “Mini-Stagflation” Scenario

John Waldron, president of Goldman Sachs Group Inc., said the bank is planning to prepare for a “mini-stagflation” scenario. FILE PHOTO/Reuters/Mike Blake/File Photo [ニューヨーク 8日 ロイター] – John Waldron, president of Goldman Sachs Group Inc., said on Thursday that the bank is planning to prepare for a “mini-stagflation” scenario. President John Waldron said at a … Read more

World Bank Forecasts Higher Real GDP Growth in 2023, but Cuts Forecast for 2024

World Bank Forecasts Higher Real GDP Growth in 2023, but Cuts Forecast for 2024

In its latest World Economic Outlook, the World Bank forecast growth of 2.1% in 2023, up from 1.7% in its previous forecast released in January. FILE PHOTO/Johannes P. Christo/File Photo/File Photo/File Photo WASHINGTON (Reuters) – The World Bank forecast real GDP growth of 2.1% in 2023 in its latest World Economic Outlook released on Wednesday, … Read more

“BlackRock CEO Larry Fink predicts further interest rate hikes in response to persistent inflation”

“BlackRock CEO Larry Fink predicts further interest rate hikes in response to persistent inflation”

BlackRock CEO Larry Fink said on Monday that inflation remains persistent and the Federal Reserve must raise interest rates further to contain price pressures. said it might not. FILE PHOTO: BlackRock CEO Larry Fink speaks to CNBC at the New York Stock Exchange April 14, 2023. REUTERS/Brendan McDermid [ニューヨーク 31日 ロイター] – BlackRock CEO Larry … Read more

“IMF Warns of Global Economic Consequences if US Fails to Raise Debt Ceiling”

“IMF Warns of Global Economic Consequences if US Fails to Raise Debt Ceiling”

The International Monetary Fund (IMF) said on the 11th that if the United States fails to raise the federal debt ceiling and defaults, it will be “very serious” not only for the U.S. economy but also for the global economy, such as rising borrowing costs. influence,” he said. Photographed in September 2018 (2023 REUTERS/Yuri Gripas) … Read more

Director of National Intelligence warns of Chinese opportunism in event of US debt default

Director of National Intelligence warns of Chinese opportunism in event of US debt default

Director of National Intelligence Haynes, the top US intelligence agency, said that if the US were to default on its debts, China would be expected to use it as an opportunity. FILE PHOTO: Washington, D.C., April 4, 2023. REUTERS/Kevin Lamarque [ワシントン 4日 ロイター] – Director of National Intelligence Haynes, the top US intelligence agency, said … Read more

Bank of Japan Expected to Maintain Monetary Policy Status Quo

Bank of Japan Expected to Maintain Monetary Policy Status Quo

TOKYO (Reuters) – The Bank of Japan is expected to maintain the status quo on monetary policy at its monetary policy meeting on June 27-28. Multiple sources said. Although upward pressure on prices is increasing at present, the 2% inflation target is still far from being achieved in a sustainable and stable manner amid high … Read more

IMF Review Director Predicts Sustained Wage Growth with Japan’s YCC Policy

IMF Review Director Predicts Sustained Wage Growth with Japan’s YCC Policy

Ranil Salgado, director of the International Monetary Fund (IMF)’s review of Japan, said on the 15th that the Bank of Japan’s Yield Curve Control (YCC) is expected to lead to a sustained rise in domestic wages. said there may be room to tweak the long-term interest rate target later this year. Pictured is Kazuo Ueda, … Read more