BoJ’s Himino: Won't tie Trump's inauguration address directly to decision on whether to hike rates in January
Source Fxstreet
Bank of Japan (BoJ) Deputy Governor Ryozo Himino is back on the wires early Tuesday, shedding more light on the inflation and monetary policy outlook.
Additional comments
In Trump's address, hope to scrutinize schedule and balance of new US administration's policy measures, and whether anything not communicated so far would come out.
On a Yen-denominated basis, recent year-on-year rise in import prices is quite high.
Hard to say whether risk to inflation skewed to upside or downside.
Don't have something like a 'check list' in deciding whether to hike rates or not in January.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
The founder of Cosmos announced plans to fork Cosmos Hub and build a new chain AtomOne, and new ATOM1 tokens will be awarded to ATOM stakers in proportion to their amount.
Microstrategy outperforms Warren Buffet’s Berkshire Hathaway by the largest margin since the dot-com bubbleMichael Saylor’s Microstrategy is outperforming Warren Buffet’s Berkshire Hathaway by the largest margin. The software company has surged by 2,295.74% since August, when it first bought its Bitcoin holdings, while Berkshire Hathaway has surged by 36.02% in the same duration.
Michael Saylor’s Microstrategy is outperforming Warren Buffet’s Berkshire Hathaway by the largest margin. The software company has surged by 2,295.74% since August, when it first bought its Bitcoin holdings, while Berkshire Hathaway has surged by 36.02% in the same duration.
Prominent crypto analyst Burak Kesmeci has tipped Bitcoin (BTC) to hit a price target of $124,000 based on data from the Golden Ratio Multiplier price model.
The Japanese Yen (JPY) strengthened against its American counterpart during the Asian session on Friday in response to upbeat domestic data.
Gold gains momentum above $4,100 after weak US NFP data Gold price (XAU/USD) gains traction to around $4,125 during the early Asian session on Friday. The precious metal extends the rally after weaker-than-expected US Nonfarm Payrolls (NFP) data reduced expectations of Federal Reserve (Fed) interest rate hikes this year.
Gold price (XAU/USD) gains traction to around $4,125 during the early Asian session on Friday. The precious metal extends the rally after weaker-than-expected US Nonfarm Payrolls (NFP) data reduced expectations of Federal Reserve (Fed) interest rate hikes this year.
Related Instrument
