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White House National Economic Council Director Hassett said current data make it difficult to press for rate hikes.
2026-07-31
White House National Economic Council Director Hassett said current data make it difficult to press for rate hikes.
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2026-07-31
Japan's finance minister Katayama declined to comment on speculation about intervention on Friday.
Japan's finance minister Katayama declined to comment on speculation about intervention on Friday.
2026-07-31
The Bank of Japan said core inflation may exceed its 2% target and pledged to continue raising borrowing costs as economic and price trends warrant. It revised its growth-risk assessment to balanced rather than tilted to the downside, saying the hit
The Bank of Japan said core inflation may exceed its 2% target and pledged to continue raising borrowing costs as economic and price trends warrant. It revised its growth-risk assessment to balanced rather than tilted to the downside, saying the hit from Middle East tensions has been smaller than feared as global AI demand provided a buffer. The bank warned yen weakness could amplify inflationary pressure, increasing the likelihood of further tightening. Investors have stepped up bets on a rate hike before October; Governor UEDA's press conference this afternoon may provide confirming signals.
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