Dollar firms against yen after BOJ cautious tone over rate hikes
The dollar strengthened against the yen on Friday after the Bank of Japan left interest rates unchanged and indicated that it was not in a hurry to hike them again. The BoJ could afford to spend time eyeing the fallout from global economic uncertainties,
Dollar gains against yen after BOJ holds cautious stance
NEW YORK/LONDON >> The dollar strengthened against the yen today after the Bank of Japan left interest rates unchanged and indicated that it was not in a hurry to hike them again.
Japan Inflation Firms To 2.8% Ahead Of BoJ Rate Decision
Japanese inflation rose slightly in August, with prices up 2.8 percent year-on-year, official data showed Friday, hours before the Bank of Japan was widely expected to leave interest rates unchanged.
Yen slides as BOJ governor steers clear of rate hike talk
The yen weakened on Friday after the Bank of Japan signalled it was in no rush to raise interest rates again after keeping them steady at 0.25% as widely expected. The dollar rose 1.2% to 144.32 yen,
BOJ Holds for Now While Mulling Timing of Next Rate Hike
The Bank of Japan kept policy unchanged Friday as it avoided a repetition of the market meltdown that followed its July rate hike, while still keeping the ground prepared for a ramping up of borrowing costs in the coming months.
Appreciation of the yen could slow the pace of BOJ rate hike, economist says
Takahide Kiuchi, executive economist at Nomura Research Institute, expects that the Bank of Japan will hike rates in January 2025.
BOJ to keep policy steady, signal more rate hikes to come
The Bank of Japan is set to keep monetary policy steady on Friday, but signal its confidence that solid wage growth and consumption will allow the central bank to raise interest rates again in coming months.
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