Wide gaps in interest rates could bring back the yen carry trade, in which investors borrow in Japan and deploy the funds in higher-yielding markets.
The Bank of Japan kept interest rates unchanged on Thursday and its governor offered few clues on how soon it could push up borrowing costs, sending the yen and bond yields tumbling on fresh doubts over the near-term chances of a rate hike.
The yen weakened against the dollar Thursday after the Bank of Japan kept borrowing costs unchanged, extending a retreat that came after the US Federal Reserve forecast fewer rate cuts.
A year when inflation subsided enough for monetary policy easing to start in most advanced economies is about to conclude with a 24-hour flurry of decisions led by the Federal Reserve.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World,
The Bank of Japan on Thursday held its benchmark interest rate steady at 0.25%. The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points ...
The Bank of Japan on Thursday held its benchmark interest rate steady at 0.25%, surprising economists polled by Reuters, who expected a 25 basis points hike. The BOJ said in its statement that the ...
The Federal Reserve revealed its rhythm for 2025: just two rate cuts. In a recent interview, Mary Daly, president of the Federal Reserve Bank of San Francisco, said they are “very comfortable” with the decision.
The Bank of England wrapped up a big year of central bank rate cuts by keeping rates steady on Thursday, a day after the Federal Reserve eased policy but suggested it would be more cautious in 2025. The Swiss National Bank,
Equities fell Friday while the dollar maintained gains against its peers as investors assessed the fallout from the Federal Reserve's revised outlook for interest rate cuts and prepared for a
Explore why the USD/JPY pair has rallied this week after the BoJ and the Federal Reserve interest rate decision
Shares have skidded in Europe and Asia after U.S. stocks tumbled to one of their worst days of the year when the Federal Reserve hinted it may deliver fewer rate cuts in 2025 than earlier thought.