Recovery with Asterisks
The yen rebounded after the Bank of Japan Governor indicated that any interest rate hikes would depend on economic data, with market participants awaiting new catalysts.
Bank of Japan's Takada emphasizes the need for additional interest rate hikes, warns of falling behind
Takada from the Bank of Japan emphasizes the necessity for further interest rate increases amid global economic recovery to avoid lagging behind.
New losses for the yen
The yen has fallen to a two-week low against the dollar following the appointment of two academics to Japan's central bank board, raising concerns about future interest rate hikes amidst supportive monetary and fiscal policies advocated by Prime Minister Sanae Takeichi.
Major council tax update shows fewer maximum rises - see full list of areas
Fewer councils in England are implementing maximum council tax increases this year compared to the previous year, with a shift toward lower rate hikes from some local authorities.
Does Takachi's Personnel Change Alter the Power Dynamics of the Bank of Japan? There is Also a View that 'Early Rate Hikes are Difficult'
The Japanese government proposed the appointment of two academics to the Bank of Japan's Monetary Policy Committee, reflecting a shift towards more pro-inflationary policies under the new Takachi administration.
Pressure on the Euro and Yen
The Japanese yen has weakened due to Prime Minister Sanae Takaichi's reservations about further interest rate hikes by the Bank of Japan.
Trump hikes US global tariff rate to 15%
President Trump increased the global import tariff to 15% following a Supreme Court ruling that curtailed his previous tariff authority.
Breaking: Trump hikes global tariff rate to 15pc after Supreme Court loss
President Trump has raised the global tariff rate from 10% to 15% following a Supreme Court ruling that overturned his earlier tariffs.
Housing Prices in the Regions Rise Faster than in Prague; Ostrava is the Decade's Record Holder
Housing prices in Czech regions are increasing at a faster rate than in Prague, with Ostrava setting a decade record for price hikes.
Fed sees rate hikes if inflation remains high
Federal Reserve officials are surprisingly cautious about cutting interest rates and may need to raise them if inflation stays persistently high.
Fed Minutes Show Division and Possible Rate Hikes Following January Pause
The Federal Reserve officials nearly unanimously agreed to maintain interest rates at their last meeting but expressed divisions over future hikes due to concerns about persistent inflation.
Fed: Minutes indicate possibility of even interest rate hikes
Concerns about inflation and thoughts on a potential interest rate hike were highlighted in the minutes from the recent Fed meeting released today.
"Judgment on the achievement of the inflation target likely this spring" - BoJ's Tamura emphasizes the need for interest rate hikes
Naoki Tamura of the Bank of Japan emphasized the possibility of achieving a 2% inflation target this spring due to ongoing high wage increases and stressed the necessity of additional interest rate hikes.
N.S. Premier Fires Off Warning to Incoming CEO at Utility About Relying on Rate Hikes
Nova Scotia's premier has warned the newly appointed CEO of NS Power against relying on rate increases as part of an outdated business model.
Interest rate hikes are just as likely as cuts
Economic indicators suggest that interest rate hikes are now as probable as cuts, according to leading economist Kjetil Olsen at Nordea.
Bank of Japan Committee Member Advocates for Further Interest Rate Hikes, Timing Unclear
A member of the Bank of Japan's Policy Board emphasized the need for further interest rate increases to complete financial normalization, while refraining from specifying the timing of such hikes.
Bank of Japan Committee Member: 'It is important to respond to rising prices with interest rate hikes in the future'
A committee member involved in the decision of the Bank of Japan's monetary policy emphasized the importance of addressing rising prices through interest rate hikes due to confirmed inflation trends.
Australian banks passed interest rate hikes on to mortgage holders – so why haven’t they done so for savings accounts?
Following a cash rate increase by the Reserve Bank, major Australian banks have raised mortgage interest rates but have delayed adjustments for savings accounts, prompting questions from customers about the inconsistency.
Epstein emails reveal behind-the-scenes talk of firing Fed chair Powell
Emails between Jeffrey Epstein and Steve Bannon discuss the potential removal of Federal Reserve Chair Jerome Powell in the context of interest rate hikes.
Despite a 2% Stabilization in Inflation Rate... Early 21% and Rice Surging 18%
In January, the consumer price inflation rate recorded a 2.0% increase, the lowest in five months, primarily due to stabilizing oil prices, although essential food items like rice, ramen, and eggs saw significant price hikes.
To stop the rate hikes, Chalmers might have to ditch the 'I didn't do it' game
Jim Chalmers is facing pressure to take responsibility for inflation-related rate hikes rather than deflecting blame.
Afternoon Update: RBA hikes cash rate; Ley’s Coalition peace proposal; and Mark of Cain singer comes out as trans
The Reserve Bank of Australia raises the cash rate to 3.85% for the first time in over two years, amid rising inflation, impacting home loan repayments while political tensions rise in question time.
Live: Coalition remains in limbo ahead of parliament's return
The Coalition's future is uncertain following discussions between Sussan Ley and David Littleproud as parliament prepares to reconvene, amidst concerns about rising inflation and prospective interest rate hikes.
Fear of interest rate hikes due to the blow that the government "received to the face"
Ólafur Stephensen, managing director of the Employers' Association, warns that government actions are likely to result in higher inflation, which could lead to increased interest rates in the country.
Transport approves toll rate increase for 2026: here are the price hikes for each highway
The Ministry of Transport and Sustainable Mobility has announced an increase in state toll prices by up to 4.68% starting January 1, 2026, depending on the specific concession conditions.