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

Chinese Premier Li Qiang Acknowledges Challenges in US-China Relations and Calls for Cooperation

Chinese Premier Li Qiang Acknowledges Challenges in US-China Relations and Calls for Cooperation

Chinese Premier Li Qiang told senior officials of the U.S.-China Business Council (USCBC) delegation in Beijing on Wednesday that bilateral relations and economic and trade cooperation between the United States and China are facing difficulties. Ta. Photo taken in January 2023. REUTERS/Dado Ruvic [北京 21日 ロイター] – Chinese Premier Li Qiang told senior officials of … Read more

U.S. Nonfarm Payrolls Report: Weaker July Growth Decreases Chance of Rate Hike to Below 30%

U.S. Nonfarm Payrolls Report: Weaker July Growth Decreases Chance of Rate Hike to Below 30%

A weaker-than-expected U.S. nonfarm payrolls report in July pushed the Federal Funds futures market’s implied probability of another rate hike this year to less than 30%. 2008 Washington, D.C. (2023 REUTERS/Jason Reed/File Photo) (Reuters) – U.S. interest rate futures are pricing in a 30% chance of another rate hike this year after July’s weaker-than-expected nonfarm … 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

Germany’s far-right AfD party gains support in polls and raises alarm among major parties

Germany’s far-right AfD party gains support in polls and raises alarm among major parties

BERLIN (Reuters) – Germany’s far-right anti-immigration party Alternative for Germany (AfD) is gaining support in polls, raising alarm among major parties. He is on track to win elections in three eastern German states by calling for a block on immigration and criticizing green policies as costly. Germany’s far-right anti-immigration party, the Alternative for Germany (AfD), … 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

“U.S. Deputy Treasury Secretary Adhemo says there’s no “Plan B” for federal debt ceiling payments”

“U.S. Deputy Treasury Secretary Adhemo says there’s no “Plan B” for federal debt ceiling payments”

U.S. Deputy Treasury Secretary Adhemo said on Thursday that he does not have a “Plan B” that would allow him to pay off the federal debt ceiling. April 2022 (2023 REUTERS/Eduardo Munoz/File Photo) (Reuters) – U.S. Deputy Treasury Secretary Adhemo said on Wednesday that the United States does not have a “Plan B” to pay … Read more

Japan Has No Plans to Join NATO, Prime Minister Confirms in Parliament

Japan Has No Plans to Join NATO, Prime Minister Confirms in Parliament

Prime Minister Fumio Kishida told a plenary session of the House of Councilors on the 24th that Japan has no plans to become a member or associate member of the North Atlantic Treaty Organization (NATO). The photo was taken in Hiroshima on the 21st. Provided by the Ministry of Foreign Affairs (2023 Reuters) (I will … Read more