Rates
Australia’s central bank holds rates as expected, waters down tightening bias
AUSTRALIA’S central bank held interest rates steady on Tuesday and watered down its tightening bias, signalling greater confidence that inflation is moving back to its target as the economy slows. Wrapping...
Japan ends era of negative rates with few clues on further hikes
THE Bank of Japan (BOJ) scrapped the world’s last negative interest rate, ending the most aggressive monetary stimulus programme in modern history, while also indicating that financial conditions will...
Bank of Japan expected to end negative rates
THE Bank of Japan is widely expected to scrap its maverick negative interest rate policy on Tuesday and hike borrowing costs for the first time in 17 years, according...
Nomura boosts EMEA bond desks with new head of flow rates
NOMURA Holdings has appointed Hemish Shah as head of flow rates for Europe, the Middle East, and Africa as the Japanese broker works on expanding its wholesale operations in...
Japan on cusp of ending its negative interest rates experiment
THE Bank of Japan is close to ending eight years of negative interest rate policy, with expected historical wage hikes heightening the prospect of a landmark shift away from...
ECB more likely to cut rates in June than April, Villeroy says
THE European Central Bank (ECB) will lower borrowing costs in the spring, with June more likely than April for a first move, Bank of France (BOF) governor Francois Villeroy...
JPMorgan’s Dimon urges Federal Reserve to wait past June before cutting rates
JPMORGAN Chase CEO Jamie Dimon on Tuesday urged the Federal Reserve to wait past June before cutting interest rates, arguing the central bank needs to shore up its inflation-fighting...