Bank of Japan Keeps Policy Rate Unchanged amid Lower Inflation Expectations – Yen Hits 156 Against Dollar

Tokyo, Japan – The Bank of Japan (BoJ) announced on Friday that they will be maintaining their policy rate following their monetary policy meeting, keeping the benchmark policy rate steady at 0%-0.1%. This decision aligns with the expectations of economists surveyed by Reuters. Despite the predicted outcome, the maintenance of the rate comes after a lower-than-anticipated April inflation rate in Tokyo, with core inflation coming in at 1.6%, falling short of the 2.2% expectation from …

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Interest Rates Unchanged: US Central Bank Cautiously Eyes Inflation – How Will It Impact Your Wallet?

New York – The US Federal Reserve has decided to maintain its key interest rate again as it awaits further evidence that inflation is being brought under control. This decision keeps the target range for the rate at 5.25%-5.5%, marking the highest it has been in over two decades. The Federal Reserve is currently assessing whether the recent increases in borrowing costs have been effective in reducing the upward pressure on prices. While the Fed …

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Interest Rates Unchanged: Tech Stocks Soar, Nasdaq 100 Leads Rebound

In New York City, stock futures showed an increase on Thursday while bond yields experienced a decline following comments made by Federal Reserve Chairman, Jerome Powell. Powell, in his testimony to a House panel, indicated that the Fed is not rushing to reduce interest rates. He mentioned that although it may be suitable to lower borrowing costs at some point this year, it is not yet the appropriate time. This statement resulted in a rise …

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“Updates: S&P 500 Futures Rise as Fed Leaves Rates Unchanged” – What It Means for Your Investments!

NEW YORK – Investors are keeping a close eye on the S&P 500 futures after the Federal Reserve announced its decision to keep interest rates unchanged. This move has sparked discussions on what this means for the future of the economy. The decision to hold rates steady signifies the central bank’s confidence in the current state of the economy. It also indicates that they may not be quite ready to cut rates just yet. This …

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