Japan stands ready to take appropriate steps against volatile yen moves at "any time," a senior finance ministry official said Monday, as the currency neared the 160 line against the U.S. dollar, a level at which authorities have previously intervened to slow the yen's decline. ...

The Bank of Japan (BOJ) is anticipated to raise its interest rate in July and reveal a roadmap towards quantitative tightening (QT), according to one-third of economists surveyed by Bloomberg. In a survey conducted by Bloomberg, 33% of 43 economists predicted that the BOJ will in ...

The Federal Reserve remains steadfast in our dual mandate to promote maximum employment and stable prices for the benefit of the American people. Over the past two years, the economy has made significant progress towards our 2 percent inflation goal, with labor market conditions ...

The year 2024 has been challenging for economic forecasters and monetary policymakers. Despite significant progress in 2023 towards the Federal Open Market Committee's (FOMC) price-stability goal, inflation surged in the first quarter of 2024. Meanwhile, the labor market and econ ...

The Bank of England (BOE) is urges financial institutions to adapt to a new cash management regime as it reduces excess liquidity in the market. Vicky Saporta, the BOE’s Executive Director for Markets, emphasized the shift from buying assets in exchange for cash-like reserves t ...

The US Federal Reserve's decision tonight is eagerly anticipated, with key economic indicators suggesting mixed signals. A lower-than-expected decline in the US consumer price index, which fell 0.1% in June against Dow Jones estimates of a 0.1% increase, and an annual inflation r ...

The Federal Reserve's annual Jackson Hole symposium, taking place in the picturesque mountains of Wyoming, is set to be a focal point for financial markets this week. Investors and economists are particularly eager to hear from Federal Reserve Chair Jerome Powell during his keyno ...