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BOJ Must Avoid Raising Rates to Combat Weak Yen, Says Ex-C.banker Watanabe
US News & World Report· 5 days agoTOKYO (Reuters) -The Bank of Japan must avoid raising interest rates to combat a weak yen, as higher borrowing costs would hit consumption and services inflation, Tsutomu ...
Libya: Staff Concluding Statement of the 2024 Article IV Mission
IMF· 2 days agoA Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part ...
Singapore's OCBC Posts Record Q1 Profit, Lifts Margin Guidance for 2024
US News & World Report· 5 days agoSINGAPORE (Reuters) -Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) posted...the higher end of a 2.20% to 2.25% range for the full year. Net interest ...
Best Savings Rates Today -- Now's the Time to Take Advantage of APYs up to 5.55%, May 10, 2024
CNET· 5 days agoIf you’ve been considering moving your extra funds to an account with a better annual percentage...
Dollar Droops Ahead of Crucial CPI Test; Yen Under Pressure
US News & World Report· 4 hours agoThe dollar traded near a one-month low versus the euro on Wednesday amid lower Treasury yields as traders braced for a key U.S. inflation report later in the day that could ...
Inflation Dilemma: Should I Play Defense or Go for Growth?
US News & World Report· 12 hours agoMarkets have been on a seesaw of uncertainty related to the Federal Reserve's monetary policy on interest rates, as the central bank attempts to wrangle a stubborn inflation ...
Instant View: BoE Edges Towards a First Rate Cut, Sterling Falls
US News & World Report· 6 days agoThe Bank of England on Thursday took another step towards lowering interest rates, as a second official backed a cut and Governor ...the right direction". The BoE said on ...
Fed to Cut Rates in September, Say Nearly Two-Thirds of Economists: Reuters Poll
US News & World Report· 2 days agoThe U.S. Federal Reserve will cut its key interest rate twice this year, starting in September, according to a stronger majority of economists polled by ...
Dollar Drifts as Traders Eye US Inflation Data; Frail Yen in Focus
US News & World Report· 1 day agoThe dollar was steady on Tuesday as investors awaited an inflation report this week that will likely shape the U.S. rates outlook, while the yen was hovering near a two-week low, stoking intervention ...
Japan on Track to Normalise Monetary Policy, Says Ruling Party Heavyweight
US News & World Report· 2 days agoJapan is seeing conditions fall in place for the central bank to normalise monetary policy, ruling party heavyweight Katsunobu Kato told Reuters, underscoring growing political ...
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