Bank of Japan Raises Rates to 1.25%, Yen Weakens Despite the Hike
The Bank of Japan raised its policy rate 25 basis points to 1.25%, the highest level in over three decades,…
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Yen Carry Trade Holds as BOJ Rate Hike Fails to Lift the Yen
USD/JPY neared 158 even after the Bank of Japan raised its policy rate by 25 basis points. The Federal Reserve's…
ECB’s Lagarde rejects automatic rate hikes tied to energy prices
European Central Bank president Christine Lagarde has pushed back on the idea that rising energy costs should automatically push the…
ECB’s Lagarde says “we’ll see” on whether she leaves before her term ends
Christine Lagarde told Irish broadcaster RTE she plans to leave the ECB "in 2027," then answered "we'll see" when asked…
Yen sinks to lowest level since September 3 as Bank of Japan hikes rates to 31-year high
The Bank of Japan lifted its benchmark rate to 1.25%, a 31-year high, but the yen sank anyway after two…
