Bank of Japan Governor Kazuo Ueda delivers a speech at the start of issuance of new yen banknotes at the Bank of Japan headquarters in Tokyo on July 3, 2024. Str | Afp | Getty Images The Bank of Japan is expected to raise its benchmark interest rate this week by 25 basis points, according…
U.S. Speaker of the House Mike Johnson (R-LA), and U.S. Senate Majority Leader Chuck Schumer (D-NY) listen during a Hanukkah reception at the U.S. Capitol Building on December 17, 2024 in Washington, DC. Anna Moneymaker | Getty Images WASHINGTON — President-elect Donald Trump said Thursday that he would prefer for House Republicans to refuse to…
After a messy election, the Bank of Japan decided to hold its benchmark policy rate at 0.25%, as expected. But analysts say that the central bank’s focus on normalizing monetary policy — raising rates — remains unchanged. The BOJ board maintained its three-year inflation projections with minor adjustments, signaling that the economy is progressing in…
