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BOJ faces pressure to hike rates on its upcoming meeting

Reducing policy restraint too late or too little could unduly weaken economic activity and employment, Powell stated

Tight supply lines, higher import costs and freight issues also contributed to higher purchase prices

Inflation in Europe's largest economy had already slackened to 2.3 percent in March, its lowest level since June 2021

Japanese companies project inflation to hit 2.3 percent three years from now and 2.2 percent five years later

Morgan Stanley analysts expect an August rate hike, which may further weaken domestic trading conditions

While the ECB must ensure inflation returns to 2 percent, it shouldn’t overly dampen economic activity with interest rate cuts

The assets of the banking sector reached 429.58 trillion yuan, up 8.1 percent YoY

This marks the lowest annual increase in the consumer price index since mid-2021, in line with analysts' forecasts

Data reveals 4.8 percent decline in energy index and 0.1 percent decline in food prices

France central bank governor calls on governments and regulators to boost capital markets union to help close investment gap

Eurosystem staff now see headline inflation averaging 2.5 percent in 2024, 2.2 percent in 2025, and 1.9 percent in 2026

The country's growth rate for 2024 has been revised up to 2.7 percent by research firm

Inflation in Canada declined this year to a three-year low of 2.7 percent in April

Until this month, Eurozone inflation had been steadily declining towards the ECB's 2 percent target

Q1 GDP growth was a sharp slowdown from Q4 2023's 3.4 percent pace

First-quarter GDP data expected to reveal resilience in the U.S. economy, impacting rate cut expectations

The CPI excluding volatile items and holiday travel stayed at an annual 4.1 percent

Consumers' 12-month inflation expectations rose to 5.4 percent from 5.3 percent in April

Fed officials say the central bank needs to wait for significant progress on inflation before cutting interest rates

Strong dollar, possible interest rate hikes are major risks to gold prices

Gold prices achieved a record high of $2,449.89 but have since lost over $100

Yen weakness fuels speculation of early BoJ rate hike

Traders are currently pricing in a 73 percent chance of an interest rate cut in November