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Bank of Japan board member Naoki Tamura laid out his clearest roadmap yet for further policy normalization on Thursday, saying the central bank’s baseline should be to raise interest rates by 25 basis points every Read more…
Australia’s labor market rebounded in May, with employment rising by 40.3k, above expectations of a 30.5k increase, while the unemployment rate edged down from 4.5% to 4.4% as expected. The participation rate also ticked higher Read more…
Recent developments mean that the RBNZ’s outlook for the OCR has likely moved back towards that forecast in the February MPS. We are similarly updating our forecasts to reflect the unexpectedly quick resolution of the Read more…