
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.
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45 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.

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.

Treasury triples long-dated buyback to $6 billion, but Wall Street expected $7-8 billion, sending the 10-year yield to its highest since November 2023.

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%.

Yen surges 7 yen in a week to 152.89 per dollar as BOJ hike priced at 97 percent and cross-border borrowing hits record.

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.
Poste Italiane raises TIM tender cash to 1.97 euros per share and drops the minimum threshold, signaling it will proceed regardless of adhesion levels.

Trump threatens to halt trade with surplus nations unless the Fed cuts rates, citing the Supreme Court ruling after August payrolls beat forecasts.

US employers added 162,000 jobs in August, nearly triple forecasts, with unemployment steady at 4.1% and wages in line: a blowout labor market report.

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

Fed Governor Christopher Waller said he would lean toward holding rates at the September 15-16 meeting if August inflation confirms disinflation. Markets rallied.

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.

Takaichi adviser Aida moves BOJ hike forecast to September, projects quarterly tightening and signals broadening hawkish consensus in Japan.

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.
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