
Bank of Japan Raises Rate to 31-Year High of 1.25 Percent in Split Vote
Bank of Japan raises rate to 1.25 percent, a 31-year high, in a 7-2 vote. Yen weakens above 157. Governor Ueda says policy enters new phase on inflation risks.
Browse the latest verified coverage about inflation.
36 articles

Bank of Japan raises rate to 1.25 percent, a 31-year high, in a 7-2 vote. Yen weakens above 157. Governor Ueda says policy enters new phase on inflation risks.

Retail inflation in India rose to 4.82 percent in August, the third month above the RBI target, as food prices climbed and core inflation firmed to 4.2 percent.

UK consumer prices rose 3.1 percent year-on-year in August, the highest in five months, as motor fuel costs surged. The Bank of England decides on rates Thursday.

First Fed hike since 2023: the funds rate rises to 3.75%-4% on a unanimous 12-0 vote, with supply shocks dropped from the statement and the Middle East.
Houthis tighten their grip on Bab el-Mandeb: Brent at $108 and European gas at EUR 83.92, up 161% in a year. Goldman Sachs sees $120.

US prices rose 0.4% in August and 3.4% year on year. Core monthly surprised at 0.3% as gasoline surged: markets now price 90% odds of a Fed hike on September 16.

US PPI and CPI both surprised to the upside in August. Gasoline surged 3.9%, core CPI hit 0.3%, and Fed hike odds for September 16 jumped to 85%.

The ECB raised its three key rates by 25 basis points, taking the deposit rate to 2.50% from 16 September: a second 2026 hike, with inflation at 3.3%.

UBS Global Wealth Management reversed its Fed rate forecast, now expecting two 25 bp hikes in September and December 2026 after a blowout August jobs report.

IKEA is spending 1.2 billion euros to lower prices across Europe from September 1. Italy sees 22% average cuts, Kallax up to -29%. The strategy explained.

ISM Services PMI rose to 55.4 in August, beating the 54.3 consensus. Prices paid surged to 72.6, highest since August 2022.

ADP reports US private employers added 38,000 jobs in August, missing the 47,000 consensus and marking the slowest hiring pace since January.

Government bond yields surge to multi-year highs across the US, Japan, UK and Germany as oil-driven inflation and fiscal deficits fuel a synchronized global selloff.

US saving rate at 3% in July 2026 matches 2007 pre-crisis levels. We compare the trajectory and debt structure to assess today's consumer resilience.

For 24 straight months US real spending has outpaced real disposable income: savings at 2.7%, cards at $1.26T. What it means for the Fed, Bitcoin, risk-on.

BOJ confirms September 18 hike to 1.25 percent, board split, no terminal rate set. Wholesale inflation hit 7.6 percent in August, import prices up 24.8 percent.

Barclays now expects two 25 bp Fed hikes in September and December, reversing its unchanged-rate call after Warsh's hawkish Jackson Hole speech.

BOJ Deputy Governor Himino calls for timely rate hikes on inflation risks from Middle East conflict, AI demand and weak yen. Markets price 80 percent odds for September.

Dolenc backs a September rate hike to 2.50 percent: inflation at 3.3 percent, hawkish ECB minutes, markets price hike at 100 percent.

Core PCE holds at 3.3% while Q2 GDP confirmed at 1.5%, with resilient domestic demand led by consumers.
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