The Bank of Japan’s decision to raise its policy rate to 0.75% (from 0.50%), while in line with market forecasts, marks a clear step towards monetary tightening and has pushed yields higher on Japanese assets. For the USD/JPY pair, this typically exerts downward pressure – supporting the yen’s appreciation and weighing on the exchange rate. […]
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Broadcast Retirement Network’s Jeffrey Snyder discusses the impact of the growth of annuity sales on life insurer’s investment strategies with A.M. Best’s Edward Kohlberg. Jeffrey Snyder, Broadcast Retirement Network Joining me now, Ed Kohlberg is Read more…
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Eurozone inflation edged higher in February, with headline CPI finalized at 1.9% yoy, up from January’s 1.7% yoy. Core inflation, which strips out energy, food, alcohol and tobacco, also firmed to 2.4% yoy from 2.2% Read more…