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Inflation Forecast

All articles tagged with #inflation forecast

world2 months ago•128 min saved

Tech Strength Lifts Asia Markets as BOJ Holds Rates

Asia’s stock markets rose on Friday led by tech names, with Japan’s Nikkei 225 edging higher after the BOJ kept rates at 0.75% and raised its inflation and growth forecasts for fiscal 2025–26, ahead of Governor Ueda’s remarks. Broadly, regional gains came as Wall Street recovered on AI optimism, though sentiment was tempered by Trump’s Greenland comments and other risk headlines; S&P 500 futures were modestly higher, while gold climbed to a fresh record. South Korea outperformed while India lagged in a week that was otherwise muted for many Asian markets.

via Investing.com|

#asia-stocks #boj #inflation-forecast

financeeconomy2 years ago•1 min saved

"ECB Holds Rates Amid Inflation and Growth Forecast Cuts"

The European Central Bank held interest rates steady and reduced its inflation and growth forecasts, with projections showing a lower economic growth of 0.6% in 2024 and a decrease in inflation to an average of 2.3%. Market expectations for rate cuts have increased, with the euro trading lower against the British pound. The ECB forecasts a GDP expansion of 1.5% in 2025 and 1.6% in 2026, while Germany has slashed its growth forecast for 2024 to 0.2%. The ECB's key rate remains at 4%, and market participants are looking to the June meeting for potential rate cuts.

via CNBC|

#euro-zone #european-central-bank #financeeconomy

finance2 years ago•1 min saved

"Bank of Japan Maintains Ultra-Loose Policy and Signals Confidence in Price Goal"

The Bank of Japan has maintained its ultra-loose monetary policy, keeping interest rates at -0.1% and trimming its core inflation forecast for the next fiscal year. The decision was widely expected, and the central bank's move to retain negative rates makes it the only one in the world with such a policy. The BOJ's outlook for the Japanese economy includes a lowered growth forecast for core consumer prices in fiscal 2024, but a marginal increase for fiscal 2025. Governor Kazuo Ueda is set to explain the decision in a press conference, with market consensus pointing to a potential change in the negative rates regime at the BOJ's April meeting.

via CNBC|

#bank-of-japan #finance #inflation-forecast

finance2 years ago•0 min saved

ECB Holds Rates Steady, Lowers Inflation Forecast

The European Central Bank (ECB) has decided to keep interest rates unchanged but has lowered its inflation forecast. The ECB's decision comes as it continues to monitor the economic outlook and assess the impact of the ongoing pandemic. Despite the unchanged interest rates, the lowered inflation forecast suggests that the ECB may take further action in the future to stimulate economic growth and combat low inflation.

via Financial Times|

#ecb #economic-outlook #finance