Category Finance

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Bank of Japan Governor Ueda more to come Recent high inflation due largely to lagged effect of past rises in import costs, recent acceleration in food price rises Such cost-push factors likely to gradually dissipate Underlying inflation likely to gradually converge towards our 2% target even when temporary…

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Bank of Japan Governor Ueda: Japan’s economy recovering moderately albeit with some weaknesses Japan’s economy likely to continue growing above potential Expect underlying inflation to accelerate gradually Uncertainty surrounding Japan’s economy, prices remains high Expect to keep raising interest rates if economy, prices move in line with our…

The Toronto Star reports — citing sources — that Canada ‘could be on the lower end’ of the April 2 tariffs. Nothing is guaranteed Trump may impose three escalating levels of tariffs Despite a recent news report the tiered-approach is not on the table, the sources said it…

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. 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…

February 2025 monthly inflation CPI data from Australia Comes in at 2.4% y/y expected 2.5%, prior 2.5% Trimmed mean 2.7% y/y prior: 2.8% That headline result is encouraging. Its under the median estimate, under the previous month’s result, and under the mid-point of the Reserve Bank of Australia’s…

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