NEWS
Bank of Japan Raises Interest Rate to 1.0% Amid Inflation Concerns
The Bank of Japan's Policy Board voted 7-1 to increase the policy interest rate by 0.25 percentage points to 1.0%, with concerns over inflation risks outweighi…
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At least 16 NHS trusts and regional health boards across England have opted not to deploy or have ceased using Palantir Technologies' £330 million Federated Data Platform (FDP). According to Freedom of Information responses, health administrators cited duplicate functionality, lack of operational improvement over incumbent systems, and limited expected benefits.
Read storyThe Bank of Japan's Policy Board voted 7-1 to increase the policy interest rate by 0.25 percentage points to 1.0%, with concerns over inflation risks outweighi…
The Federal Reserve Board has granted approval for Banco Santander, S.A. and its U.S. subsidiary, Santander Holdings USA, Inc., to proceed with their applicati…
Japan's real wages increased for the sixth month in a row in June, with inflation-adjusted wages growing 1.6% year-on-year. This trend, alongside a rise in bas…
The recent joint intervention by the US and Japan has sparked discussions regarding its potential impact on the yen, with analysts suggesting it could mark a t…
Today's economic agenda includes final services PMIs for major Eurozone economies and the UK, alongside US labor market indicators. Market reactions are expect…
JP Morgan's analysis indicates that the US Treasury has limited resources to support coordinated yen intervention with Japan. While unconventional measures cou…
The People's Bank of China (PBOC) is anticipated to announce the USD/CNY reference rate at 6.7364, reflecting ongoing market dynamics and economic consideratio…
The Indian Rupee has gained strength following a coordinated dollar-selling intervention by Japan and South Korea, coupled with a lack of hawkish surprises fro…
Kevin Hassett, advisor to the White House National Economic Council, expressed optimism regarding inflation trends and the Federal Reserve's approach under Cha…
The Dallas Fed's Trimmed Mean PCE price index registered an increase of 1.4% in June, down from 2.7% in May. This marks the lowest level since 2020 and contras…
Spain's preliminary Consumer Price Index (CPI) for July shows an increase of 3.5% year-on-year, surpassing expectations and marking the sixth consecutive month…
The USDJPY has seen a significant drop, influenced by speculation of potential intervention. Meanwhile, U.S. economic indicators show a slowing growth rate but…
The Federal Reserve Board has announced an enforcement action against Iuka Bancshares, Inc. and The Iuka State Bank, citing regulatory compliance concerns.
Eurozone inflation has edged up in July, prompting speculation about future ECB rate hikes. Meanwhile, the Bank of Japan holds rates steady, with Governor Ueda…
The USDCAD currency pair is experiencing a rebound today, reversing declines from earlier in the week. This movement comes amid rising U.S. Treasury yields, wh…
A Reuters poll indicates that 68 out of 72 economists expect the Reserve Bank of India to keep interest rates unchanged this week, as inflation remains within…
The People's Bank of China (PBOC) has set the USD/CNY reference rate at 6.7898 for today, exceeding market expectations of 6.7364. The central bank continues t…
The Federal Reserve Board has announced a request for public comment on a proposal to update its regulations concerning the extension of credit to bank insider…
In July, the euro area's annual inflation rate increased to 2.9%, surpassing the previous month's 2.8% estimate. Core inflation also rose to 2.5%, prompting sp…
The Bank of Japan is not anticipated to make significant policy changes in its upcoming meeting, following a recent interest rate hike. Market expectations ind…
The Bank of Japan (BOJ) has decided to keep its short-term interest rate target at 1.00%, following a previous hike. While this decision was anticipated, a dis…
Bank of Japan Governor Kazuo Ueda has stated that the central bank will conduct monetary policy carefully to avoid falling behind the curve, particularly as un…
Lorie Logan, President of the Dallas Federal Reserve, has voiced her dissent regarding the recent FOMC rate decision, advocating for a quarter-point rate hike…
Japan's Vice Minister of Finance for International Affairs, Atsushi Mimura, characterized the recent joint yen intervention with the United States as a signifi…
The Bank of Japan (BOJ) kept interest rates unchanged, while mixed economic indicators emerged from China and Australia. The USD/JPY pair saw volatility as Jap…
The Federal Reserve Board has announced a request for public comment on a proposal intended to modernize the regulatory rules governing mutual banking organiza…
European equities ended the week on a positive note, with most major indices posting modest gains. The FTSE MIB led the region, while the UK's FTSE 100 was the…
Federal Reserve official Paulson expresses a strong stance on the necessity to combat inflation, citing a range of 2.4-2.8% for underlying inflation. He acknow…
Preliminary data for July shows France's consumer price index (CPI) rising by 2.1% year-on-year, surpassing expectations of 1.8%. The harmonized index of consu…
