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 ...

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 ...

Yen Mostly Strengthens Amid BOJ Rate-Hike Prospects

The yen mostly strengthened against other G-10 and Asian currencies in early trade amid BOJ rate-hike prospects.

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 ...

Japanese Yen and Aussie Dollar Forecasts: BoJ Hawkish Tilt, RBA Rate Cut Looms

Yen traders eye BoJ policy shift amid tariff risks, inflation concerns, and key data, while Aussie dollar faces RBA rate ...

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.

Finance Minister says Japan must watch economic backdrop to calls for BOJ rate hike

Japan's Finance Minister Katsunobu Kato said on Friday the government must closely watch the economic and price backdrop behind recent business sector calls for the central bank to raise interest ...
Forbes1y

Nikkei Bulls Scoff At Bank Of Japan That Forgot Its ‘Bazooka’

The only real reference point available to Ueda’s BOJ is the last time the institution tried — and failed — to normalize rates. That 2006-2007 episode didn’t go well.