Author admin

Official data for Q4 CPI from New Zealand shows inflation firmly in the Reserve Bank of New Zealand’s 1 to 3% band. The RBNZ has a focus on keeping inflation around the 2% midpoint over the medium term. This target is set in the Remit for Monetary Policy,…

CNBC conducted the poll, the main points: The Bank of Japan is expected to raise its benchmark interest rate this week by 25 basis points. A hike will put the BOJ’s key rate at 0.5%, its highest level since 2008. Public comments by Governor Kazuo Ueda and a…

Post Content

Japan’s largest business lobby, Keidanren, and trade unions began their annual labor negotiations today, Wednesday. Expectations are for another round of significant wage increases. Japanese policymakers are particularly focused on whether these pay hikes will extend to smaller businesses. Major companies have already committed to substantial salary increases,…

Times below are in GMT/US Eastern time format: 0900/0400 ECB Governing Council member and Bank of France governor Francois Villeroy de Galhau to speak on Davos panel about interest rates 1030/0530 ECB policymaker Klaas Knot speaks in Davos 1515/1015 Participation by ECB President Christine Lagarde in Stakeholder Dialogue…

These Taiwanese islands are super-close to the mainland. Reports that the undersea cables linking the isl This article was written by Eamonn Sheridan at www.forexlive.com.

Earlier today we had the official CPI data from NZ: New Zealand Q4 2024 CPI slightly higher than expected From the Reserve Bank of New Zealand now, its model falling well below Q3 and nearly to the top of its 3% band: This article was written by Eamonn…

Japanese Prime Minister Shigeru Ishiba will emphasize strong wage growth surpassing inflation as a key element of his economic revival strategy in an upcoming policy speech to parliament, according to government sources. Ishiba plans to challenge Japan’s historically low wage growth expectations and encourage businesses to continue the…

Post Content

The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called…