News

26
Dec

BOJ Kuroda: Must watch for excessive risk-taking in markets

Bank of Japan Governor Haruhiko Kuroda said on Tuesday it was important to scrutinize whether economic expansion was leading to excessive risk-taking in financial markets.  Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan, December 21, 2017. REUTERS/Issei Kato “In...

19
Dec

RBA Gains Confidence Unemployment to Fall Further, CPI to Climb

Australia’s central bank is showing increased confidence the economy will strengthen further next year, potentially laying the ground for the first policy tightening since 2010, minutes of its December meeting show. Main Takeaways Forward-looking indicators of labor demand suggest employment growth “will be somewhat above average” over the next...

14
Dec

Fed raises interest rates, keeps 2018 policy outlook unchanged

The Federal Reserve raised interest rates on Wednesday but left its rate outlook for the coming years unchanged even as policymakers projected a short-term jump in U.S. economic growth from the Trump administration’s proposed tax cuts. In an early verdict on the tax overhaul, Fed policymakers judged it would...