BOJ May Raise Policy Rate by 25 Bps Once More This Year, PGIM Says -- Market Talk
The Bank of Japan Governor Kazuo Ueda: The extent of interest rate hikes will depend on the economy and prices.
The Governor of the Bank of Japan, Kazuo Ueda, stated that the magnitude of interest rate hikes will depend on the economic, inflation, and financial conditions at the time. Ueda mentioned during a parliamentary questioning that the recent increase in the interest rate from 0.25% to 0.5% was appropriate. The rise in prices of fresh foods and Other Foods poses risks to household sentiment and price expectations that cannot be dismissed.
BOJ To Conduct Monetary Policy To Achieve 2% Inflation Target: Ueda
Yen Weakens Amid Mild Risk-on Sentiment -- Market Talk
JGB Futures Fall; Market May Track Declines in U.S. Treasurys -- Market Talk
Japan GDP Growth Could Justify Upbeat View on Equities -- Market Talk
Japan's Economy Watcher's Survey Index Slips in January
Yen Strengthens Amid Mild Risk-Off Sentiment -- Market Talk
USD/JPY Gains Ground Near Two-month Low Near 151.00 as Yen Weakens Across the Board
USD/JPY: Tariff Hit May Complicate JPY Direction of Travel – OCBC
Japan Economy Watchers Less Optimistic in January
The depreciation of the yen has increased overseas earnings, and Japan's current account surplus for 2024 has reached a new high.
In 2024, Japan's current account surplus reached a record high, primarily benefiting from the weak yen, which increased the value of overseas investment returns.
JGBs Fall as Prospects of More BOJ Rate Increases Weigh -- Market Talk
Japan's Current Account Surplus Hits 1.077 Trillion Yen in December 2024
Japan's Bank Lending Up 3% in January
IMF Expects BOJ To Raise Rates Again This Year
Japan Leading, Coincident Economic Indices Gain in January
Labor shortages may become a reason for the Bank of Japan to raise interest rates, with expectations of another increase this year.
The Bank of Japan is increasingly attributing the main reasons for its weak economic activity to long-term labor shortages rather than stagnant demand. The Bank of Japan may use this as a justification to raise interest rates beyond initial expectations. From factories to hotels to restaurants, Japanese companies are struggling to operate at full capacity, not because they can't find customers, but because they can't find workers. Now, comments are increasingly coming from the Bank of Japan. Analysts and policymakers state that while a tight labor market is not a new trend, the Bank of Japan's concerns about the resulting wage and inflation pressures are more pronounced, which means it will be more inclined to consider further interest rate hikes.
Chen Guoji: Challenges and opportunities coexist, and government reforms seek to find new growth points for Hong Kong's economy.
When attending the Chinese General Chamber of Commerce's New Year banquet, Acting Chief Executive of Hong Kong Chen Guokai stated that Hong Kong is still facing various uncertainties, with both challenges and opportunities ahead. However, he firmly believes that opportunities outweigh challenges, and the authorities will take a more proactive approach to reform and innovation, seeking to discover new growth points for Hong Kong's economy.
BOJ's Move Toward Neutral Rate Should Push Japanese Bond Curve Higher -- Market Talk