Board decided by a 7-2 vote to raise its policy rate to 1.25% from 1%
BOJ still lags global peers with its policy rate lower than that of the ECB and the US Fed
BOJ still lags global peers with its policy rate lower than that of the ECB and the US Fed
But the widely expected move failed to prop up the yen, which initially falls
But the widely expected move failed to prop up the yen, which initially falls
Euro rises; pound sterling slips after Bank of England holds rates but warns of possible hikes
Under the agreement, OCBC will add a US$5 million training grant to develop talents from both banks
Observers expect a 25 bp increase at Japan central bank’s meeting this week, and will be looking for clues about further tightening
Uplift might be more meaningful in 2027 as higher US rates filter through to Sora and bank loan books
Uplift might be more meaningful in 2027 as higher US rates filter through to Sora and bank loan books











