BOJ Deputy Chief Says Will Raise Rate If Outlook Is Realized
1 day, 4 hours ago

BOJ Deputy Chief Says Will Raise Rate If Outlook Is Realized

Live Mint  

-- Bank of Japan Deputy Governor Ryozo Himino reiterated that the central bank will raise rates if its outlook continues to be realized, while adding that there are risks both at home and abroad that require attention. “If this outlook will continue to be realized, the Bank will raise the policy interest rate accordingly and adjust the degree of monetary easing.” At the same time, Himino echoed Governor Kazuo Ueda by saying that the outlook for wage increases in 2025 domestically warrants close attention, while adding that the policies of the new US administration will need continuous monitoring. Himino spoke in the last scheduled speech by a BOJ policy board member ahead of the bank’s January policy meeting. Ueda has emphasized two key factors in deciding whether to raise rates: the momentum of spring wage increases and uncertainties in US economic policy with the start of a new Donald Trump administration.

Bloomberg Boj Outlook Raise Rates Himino  bank  deputy  raise  rates  inflation  policy  yen  realized  boj  month  rate  outlook  chief  himino

History of this topic

BOJ’s Ueda Flags Decision on Rate Hike Next Week, Boosting Yen
32 minutes ago

BOJ’s Ueda Flags Decision on Rate Hike Next Week, Boosting Yen

Live Mint  

-- Bank of Japan Governor Kazuo Ueda strengthened speculation of a looming policy move by flagging the decision on whether to raise interest rates at next week’s meeting in a comment that strengthened the yen. The governor also said Wednesday he heard many encouraging views on pay during new year events at various industries, and at the BOJ’s recent branch …

BOJ’s Deputy Chief Himino Signals Chance of Rate Hike Next Week
Top News
1 day, 2 hours ago

BOJ’s Deputy Chief Himino Signals Chance of Rate Hike Next Week

Live Mint  

-- Bank of Japan Deputy Governor Ryozo Himino signaled the possibility of an interest rate hike next week by saying that the board will be discussing it, making it clear that the option is on the table. In the last scheduled speech by a BOJ policy board member ahead of next week’s meeting, Himino indicated his expectations for wage increases …

Dollar stands tall in 2024, propped up by cautious Fed, Trump trade
2 weeks, 1 day ago

Dollar stands tall in 2024, propped up by cautious Fed, Trump trade

Live Mint  

By Ankur Banerjee SINGORE, - The dollar was firm on the last trading day of the year, poised to clock strong gains in 2024 against most currencies as investors prepared for fewer U.S. rate cuts and the incoming Trump administration's policies. Goldman Sachs strategists though expect three rate cuts from the Fed next year, confident that inflation will still trend …

Tokyo Inflation Accelerates, Supporting Case for BOJ Rate Hike
2 weeks, 5 days ago

Tokyo Inflation Accelerates, Supporting Case for BOJ Rate Hike

Live Mint  

-- Inflation in Tokyo accelerated for a second month in December while the labor market remained tight, results that largely keep the Bank of Japan on track for an interest rate hike next year. While the figures suggest extreme stimulus from the central bank isn’t needed by the economy to continue its expansion, none of the data indicates a pressing …

BOJ to Debate Rate Hike While Seeing Limited Urgency
4 weeks ago

BOJ to Debate Rate Hike While Seeing Limited Urgency

Live Mint  

-- The Bank of Japan is set to discuss whether or not an interest rate hike is warranted on Thursday, with views from officials suggesting a lean toward a hold amid growing market speculation of a January move. More than half of economists now predict a rate hike in January while 44% still see it coming this week, according to …

Over 90% of market players expect BOJ to keep rates steady this week, survey shows
4 weeks, 1 day ago

Over 90% of market players expect BOJ to keep rates steady this week, survey shows

Live Mint  

TOKYO, - Over 90% of market participants expect the Bank of Japan to keep interest rates steady at this week's policy meeting, a survey by money market brokerage Ueda Yagi Tanshi showed on Tuesday. Of the total, 91% said they expect the central bank to keep short-term interest rates unchanged at 0.25% this week. Sources have told Reuters the BOJ …

EXCLUSIVE-BOJ leaning toward keeping rates steady next week, sources say
Trending News
1 month ago

EXCLUSIVE-BOJ leaning toward keeping rates steady next week, sources say

Live Mint  

* BOJ in no rush to hike as yen's rebound moderates price pressure * Void of renewed yen plunge, BOJ prefers to gauge more data * Trump risk, wage uncertainty favour standing pat - for now * BOJ to meet Dec. 18-19, Fed decision due hours before BOJ's By Leika Kihara TOKYO, Dec 12 - The Bank of Japan is …

BOJ leaning toward keeping rates steady next week, sources say
1 month ago

BOJ leaning toward keeping rates steady next week, sources say

Live Mint  

* BOJ in no rush to hike as yen's rebound moderates price pressure * Void of renewed yen plunge, BOJ prefers to gauge more data * Trump risk, wage uncertainty favour standing pat - for now * BOJ to meet Dec. 18-19, Fed decision due hours before BOJ's By Leika Kihara TOKYO, Dec 12 - The Bank of Japan is …

BOJ’s Ueda Says Rate Hike Getting Nearer With Wage Trend Key
1 month, 2 weeks ago

BOJ’s Ueda Says Rate Hike Getting Nearer With Wage Trend Key

Live Mint  

-- Bank of Japan Governor Kazuo Ueda said interest-rate hikes are “nearing” as inflation and economic trends develop in line with the central bank’s forecasts, helping strengthen the yen without explicitly supporting an increase in December. Japan’s currency had already gained nearly 1% earlier Friday as market bets on a December rate hike rose following data showing inflation in Tokyo …

Asian shares slip, yen aims for best week in 4 months on BOJ hike bets
Trending News
1 month, 2 weeks ago

Asian shares slip, yen aims for best week in 4 months on BOJ hike bets

Live Mint  

By Stella Qiu SYDNEY - Asian shares slipped on Friday while the yen was aiming for its best week in four months as strong local inflation data had traders favouring an imminent rate hike from the Bank of Japan. "We note that the acceleration in inflation, combined with the solid recovery in monthly activity, increases the odds of another BoJ …

Bank of Japan to outline bond taper plan, debate rate hike timing
5 months, 2 weeks ago

Bank of Japan to outline bond taper plan, debate rate hike timing

Live Mint  

* BOJ concludes 2-day meeting, decision expected 0300-0430 GMT * Board to debate rate hike timing, July move likely close call * BOJ seen halving bond buying in 1.5-2 years' time in QT plan * Governor Ueda likely to brief media 0630 GMT By Leika Kihara TOKYO, - The Bank of Japan is expected to detail plans to taper its …

US Fed Rate Decision, Domestic Inflation Data To Drive Markets This Week, Say Analysts
7 months ago

US Fed Rate Decision, Domestic Inflation Data To Drive Markets This Week, Say Analysts

ABP News  

Global trends, domestic inflation figures, and the interest rate decision from the US Federal Reserve would drive markets in the week, analysts noted. The experts said that with the Lok Sabha elections result and the RBI interest rate decision announced, the markets would be impacted by the macroeconomic announcements in the week. Additionally, investments by foreign portfolio investors and domestic …

New BOJ head says banks stable, rules out major policy shift
1 year, 9 months ago

New BOJ head says banks stable, rules out major policy shift

Associated Press  

TOKYO — The new governor of Japan’s central bank signaled Monday that he plans no drastic changes in its ultra-low interest rate policy, sticking to earlier messaging on the topic. Japan’s central bank is seeing its first leadership change in a decade, at a time when inflationary pressures around the world remain a risk and central banks are fighting back …

Inflation may force RBI to hike rate once again
1 year, 9 months ago

Inflation may force RBI to hike rate once again

Deccan Chronicle  

Mumbai: It will be a catch-22 situation for India’s rate setting panel when it meets for three days — beginning on Monday — to decide on the benchmark interest rates in the country. According to economists, the six-member Monetary Policy Committee of the Reserve Bank of India may hike the repo rate by 25 basis points on Thursday and then …

RBI to raise repo rates on April 6 but future hikes undecided, says Reuters poll
1 year, 9 months ago

RBI to raise repo rates on April 6 but future hikes undecided, says Reuters poll

Live Mint  

A recent Reuters poll of economists predicts that the Reserve Bank of India will increase its primary interest rate by 25 basis points on April 6, but then keep rates unchanged for the remainder of the year while continuing to maintain its tightening stance. The poll suggests that persistently high inflation in India, which exceeded the RBI's upper tolerance limit …

RBI May Opt For Small Rate Hikes As Inflation In October Eases: Report
2 years, 1 month ago

RBI May Opt For Small Rate Hikes As Inflation In October Eases: Report

ABP News  

The Reserve Bank of India is likely to opt for a 35 basis points rate hike at its policy meeting in December, after three consecutive 50 bps increases, as inflation eased in October and is likely to dip further, quoting analysts news agency Reuters said on Tuesday. Still, inflation eased to a three-month low of 6.77 per cent in October …

RBI monetary policy: Repo rate hiked by 50 bps; third consecutive rise
2 years, 5 months ago

RBI monetary policy: Repo rate hiked by 50 bps; third consecutive rise

Hindustan Times  

The Monetary Policy Committee of the RBI has unanimously decided to increase the repo rate by another 50 basis points – one basis point is one hundredth of a percentage point taking it to 5.4%, a level last seen in September 2019. The MPC has justified the decision by saying that “calibrated monetary policy action is needed to contain inflationary …

RBI likely to hike policy rates tomorrow to check inflation
2 years, 5 months ago

RBI likely to hike policy rates tomorrow to check inflation

India TV News  

Highlights RBI may hike policy rates in order to check inflation The hike may be between 25 to 35 basis points If happens, this will be third hike in the current fiscal year RBI rate hike: Days after the US Fed raised the interest rate, the RBI may go in for its third consecutive policy rate hike by at least …

Fed attacks inflation with its largest rate hike since 1994
2 years, 6 months ago

Fed attacks inflation with its largest rate hike since 1994

Associated Press  

WASHINGTON — The Federal Reserve intensified its fight against high inflation on Wednesday, raising its key interest rate by three-quarters of a point — the largest bump since 1994 — and signaling more rate hikes ahead as it tries to cool off the U.S. economy without causing a recession. “We thought strong action was warranted at this meeting, and we …

RBI raises inflation forecast to 6.7% for 2022-2023
2 years, 7 months ago

RBI raises inflation forecast to 6.7% for 2022-2023

India TV News  

Highlights RBI today upped inflation projection for current fiscal to 6.7% from 5.7% forecast in April RBI Governor Shaktikanta Das said the upside risk to inflation persists High global crude oil prices would add to the upside pressure on inflation RBI inflation news updates : Reserve Bank of India on Wednesday upped inflation projection for the current fiscal to 6.7 …

Will RBI go for another repo rate hike to beat inflation? Experts speak
2 years, 7 months ago

Will RBI go for another repo rate hike to beat inflation? Experts speak

India TV News  

RBI Rate Hike: The Reserve Bank of India will announce the decision of the Monetary Policy Committee on Wednesday. Although the government played its role to tame inflation by reducing petrol and diesel prices, bringing in restrictions for exports in order to keep the domestic market stable etc, market experts are estimating a bigger hike in interest rate as consumer …

‘Rate increases may not cool price gains driven by war’
2 years, 7 months ago

‘Rate increases may not cool price gains driven by war’

The Hindu  

The Reserve Bank of India’s interest rate increases may not be able to ‘meaningfully’ cool prices while sacrificing growth, as almost three-fifths of the spike in India’s retail inflation since February can be linked to the Ukraine-Russia conflict, SBI’s economic researchers wrote in a report on Monday. “In a situation of incipient demand recovery post COVID, the question will be …

Inevitable increase: The Hindu Editorial on RBI’s interest rate hike
2 years, 8 months ago

Inevitable increase: The Hindu Editorial on RBI’s interest rate hike

The Hindu  

The penny has dropped. After stubbornly holding off from acting to tame inflation, which has steadily eroded consumers’ purchasing power and derailed broader economic momentum, the RBI’s rate setting panel on Wednesday announced an ‘off-cycle’ increase in benchmark interest rates. RBI Governor Shaktikanta Das rationalised that letting inflation remain elevated at current levels for too long risked ‘de-anchoring inflation expectations’ …

‘Off-cycle move hints at more aggressive rate increases’
2 years, 8 months ago

‘Off-cycle move hints at more aggressive rate increases’

The Hindu  

The RBI’s surprise decision to raise the repo rate on Wednesday is a clear signal that it will embark on a series of rate increases in the coming months to counter inflation, said economists at banks. “Today’s surprise move is perhaps instigated by the upcoming April inflation print, which could come in higher than expected - we currently estimate a …

RBI hints at end to low interest regime in June
2 years, 8 months ago

RBI hints at end to low interest regime in June

Deccan Chronicle  

Mumbai: While a repo rate hike in June looks imminent, the Reserve Bank of India’s rate-setting panel would not be as aggressive as the US Federal Reserve in hiking rates, if one goes by the minutes of the April 6-8 monetary policy meeting. The central bank will have to constantly re-assess the “dynamic and fast-changing situation” and tailor its actions …

Powell says Fed will hike further and faster if necessary
2 years, 9 months ago

Powell says Fed will hike further and faster if necessary

Associated Press  

WASHINGTON — Chair Jerome Powell said Monday that the Federal Reserve would raise its benchmark short-term interest rate faster than expected, and high enough to restrain growth and hiring, if it decides this would be necessary to slow rampaging inflation. He added, too, that the policymakers could go so far as to send rates into “restrictive” territory that would slow …

ECB is likely to repeat implicit message on potential interest rate rise in 2022
2 years, 10 months ago

ECB is likely to repeat implicit message on potential interest rate rise in 2022

Live Mint  

The European Central Bank is expected to reiterate an implicit message on a potential interest rate rise as early as this year at its March monetary policy meeting, but the main focus is likely to be on the tapering pace of the Asset Purchase Programme, Xavier Baraton, global chief investment officer at HSBC Asset Management, said. “However, opening the door …

Fed sees earlier time frame for rate hikes with inflation up
3 years, 6 months ago

Fed sees earlier time frame for rate hikes with inflation up

Associated Press  

WASHINGTON — The Federal Reserve signaled Wednesday that it may act sooner than previously planned to start dialing back the low-interest-rate policies that have helped fuel a swift rebound from the pandemic recession but have also coincided with rising inflation. At a news conference, Chair Jerome Powell said the Fed’s policymaking committee also began discussing when to reduce its monthly …

RBI monetary policy: Corporate India pitches for rate cut going forward; welcomes economy-boosting measures
4 years, 11 months ago

RBI monetary policy: Corporate India pitches for rate cut going forward; welcomes economy-boosting measures

Firstpost  

New Delhi: India Inc on Thursday welcomed the measures announced by the RBI to boost growth and improve liquidity, but called for slashing the policy rate, which was kept unchanged for the second time in a row. The repo rate – at which the RBI lends short term money to banks – was kept unchanged at 5.15 percent at the …

RBI seen pausing on interest rate in 5 Dec policy review
6 years, 1 month ago

RBI seen pausing on interest rate in 5 Dec policy review

Live Mint  

Mumbai: The Reserve Bank of India’s monetary policy committee is likely to keep policy rates on hold on Wednesday, amid falling crude prices, lower-than-expected food prices and moderation in economic growth, according to treasury heads of 10 banks surveyed by Mint. The treasurers were unanimous in their expectations that the repo rate, the rate which RBI lends to commercial banks, …

RBI may raise policy rates by 25bps on Friday, say economists
6 years, 3 months ago

RBI may raise policy rates by 25bps on Friday, say economists

Live Mint  

The Reserve Bank of India’s monetary policy committee may raise policy rates by 25 basis points on Friday, for the third time this year, along with a change in stance to a hawkish one, amid surging crude oil prices and weakening rupee. Since the last policy in August, the upward pressure on RBI’s 4% inflation target has increased with rupee …

To prop up rupee, RBI may raise repo rate: Poll
6 years, 3 months ago

To prop up rupee, RBI may raise repo rate: Poll

Live Mint  

Bengaluru: The Reserve Bank of India is likely to raise interest rates in early October, despite relatively tame inflation, to prop up a retreating rupee, according to a Reuters poll of economists who also trimmed their near-term growth forecasts. In an abrupt change from the last survey conducted two months ago, which predicted rates would stay on hold until this …

RBI policy: Urjit Patel and Co. are looking to keep inflation on a short leash; the show isn’t over as yet
6 years, 5 months ago

RBI policy: Urjit Patel and Co. are looking to keep inflation on a short leash; the show isn’t over as yet

Firstpost  

Going ahead, the inflation trajectory will hold the key for monetary policy formulation, as concerns on growth have clearly taken a backseat. The Reserve Bank of India’s undying penchant with an inflation-centred monetary policy became evident yet again, when the Monetary Policy Committee hiked the key lending rate, the repo, by another quarter percentage point on Wednesday. However, uncertainty around …

Discover Related