Hikes
Bank of Japan hikes interest rates to 30-year-high of 0.75%
THE Bank of Japan on Friday hiked interest rates to 0.75 per cent, marking the first increase since January and its highest level in 30 years.The bank decided by...
BOJ raises interest rates to 30-year high, signals more hikes
It offers a slightly more upbeat view on the economy than at its previous meeting in October[TOKYO] The Bank of Japan (BOJ) raised interest rates on Friday (Dec 19)...
US firms passing some cost hikes to consumers: Fed survey
[WASHINGTON] Many US firms passed along “at least a portion of cost increases” to consumers in recent weeks, as businesses faced higher prices linked to President Donald Trump’s tariffs,...
Slow rate hikes could cause wage-price spiral, Bank of Japan paper says
[TOKYO] Hiking interest rates only gradually as raw material costs rise could heighten the risk of an upward spiral in wages and consumer prices, the Bank of Japan said...
Fed’s Powell says he expects to see more tariff-driven price hikes in coming months
[WASHINGTON] Federal Reserve Chair Jerome Powell said on Wednesday goods price inflation will pick up over the course of the summer as President Donald Trump’s tariffs work their way...
US steel, aluminium tariff hikes to take effect on Wednesday: White House
[WASHINGTON] The United States will double its tariffs on imported steel and aluminium starting on Wednesday, according to the White House, as it published an order signed by President...
Bessent calls Walmart CEO after Trump lashes out over price hikes
[WASHINGTON] The US Treasury chief said on Sunday he had called Walmart’s CEO, a day after President Donald Trump blasted the company for hiking prices over his tariffs and...
Dovish Bank of Japan policymaker urges pause in rate hikes on US tariff uncertainty
[TOKYO] The Bank of Japan must hold off raising interest rates for the time being, its board member Toyoaki Nakamura said on Friday, warning of growing downward pressure on...
