In today’s parliamentary address, BoJ Governor Kazuo Ueda reaffirmed the Bank of Japan’s stance on continuing its accommodative monetary policy, underscoring the short-term interest rate as the “primary policy tool.” A key focus for BoJ, Read more…
The Monetary Policy Committee today agreed to leave the Official Cash Rate (OCR) at 5.50 percent. The New Zealand economy continues to evolve as anticipated by the Monetary Policy Committee. Current consumer price inflation remains Read more…
Atlanta Fed President Raphael Bostic recently highlighted the possibility that rate cuts May have “to move further out” given that the US eocnomy economy has been “so robust, and so strong, and so resilient”. Further Read more…
Some of the Las Vegas’ most popular headliner residencies have been extended multiple times over several years. Elvis Presley opened his historic residency at the International Hotel in 1969 and continued performing at the hotel after it Read more…
SNB Vice Chairman Martin Schlegel defended the central bank’s use of foreign exchange interventions, highlighting their effectiveness in maintaining price stability within Switzerland. “Have foreign exchange interventions contributed to achieving price stability? Yes, they have,” Read more…
Dovish BoE encourages more rate cut bets UK GDP for February expected to reveal slowdown The data comes out on Friday at 06:00 GMT Investors add to June rate cut bets after BoE decision With Read more…
BoC monetary report due on Wednesday 13:45 GMT, press conference at 14:30 GMT Interest rates to remain steady this time, but policymakers might support a June rate cut USDCAD maintains soft uptrend, needs a clear Read more…
Fast Facts Space tourism, with a current market size of around $800 million, is expected to soon become a multi-billion dollar industry. Halo Space, a near-space, emission-free tourism company, has plans to begin commercial operations in Read more…
Late last month, Hong Kong Customs officials busted up a multimillion-dollar smuggling operation. The Customs people said they made the discovery at Hong Kong International Airport after examining some machine parts that were scheduled to Read more…
Stocks have been on quite a roll over the past 12 months. The S&P 500 has soared 27% amid hope for Federal Reserve interest-rate cuts and euphoria over artificial intelligence. That increase far exceeds the Read more…