News

Bessent’s Rebuke to BOJ’s Cautious Approach Sends Yen Higher

US Treasury Secretary Scott Bessent criticized the Bank of Japan’s cautious approach to raising interest rates, saying it was ...

BOJ faces pressure to ditch obscure inflation gauge, clear path to tighter policy

Pressure is mounting within the Bank of Japan to ditch a vaguely defined gauge of inflation as worries about second-round ...

Japan's July Inflation Rate Likely Eased but Remained Above BOJ Target: Reuters Poll

The slowdown was attributed to lower energy prices but inflation on goods items remained strong, said Junya Takemoto, senior ...

Bessent Calls On BOJ To Raise Rates; U.S. Dollar Mostly Firmer, Yen Rises

The yen is rising for the third consecutive session, apparently boosted by calls from the US Treasury Secretary for the Bank ...

BOJ gears up to hike rates again but leaves free hand on timing

The Bank of Japan laid the groundwork this week for resuming interest rate hikes by spelling out explicitly for the first ...

BOJ Faces Costs From Deposit Facility as Market Eyes Rate Hike

As speculation mounts that the Bank of Japan will raise interest rates later this year, there’s a growing risk that required ...

Dollar falls against yen after Bessent calls for Bank of Japan to raise interest rates

The dollar fell to its weakest level against the Japanese yen in three weeks after U.S. Treasury Secretary Scott Bessent said he expected the Bank of Japan to raise interest rates to tackle inflation.

Bank of Japan Stands Pat But Raises Price Forecasts

The central bank held its overnight call rate target steady at 0.5%, where it has remained since its last hike in January.