News | Forex Optimum



BoJ has room to cut rates further - BoJ Governor

Bank of Japan Governor Haruhiko Kuroda said that the central bank still has room to lower interest rates further. However, there were limits to how long rates could go down, he said at the parliament.

At the last monetary policy meeting in October, the BoJ maintained its policy rates but tweaked its forward guidance signaling further easing.

In the Semiannual Report on Currency and Monetary Control, Kuroda said the momentum toward achieving the price stability target is maintained and the annual inflation is likely to rise gradually toward 2%. Further, he noted that the economy is likely to continue to be affected by the slowdown in overseas economies for the time being.

You may also be interested:

19:11 13.12.2019
U.S. retail sales mixed, but for the most part disappointing – Wells Fargo
Analysts at Wells Fargo note that data released today showed that retail sales in the U.S. rose 0.2% in November, below expectations“This is not the report we needed for our upbeat holiday sales forecast to be accurate. November Retail sales were mixed, but for the most part disappointing. The headline increase was just 0.2%, well short of the 0.5% expectation, although the prior month’s figures were revised higher, which softened the blow. Auto sales rose 0.5%, the second straight monthly
18:49 13.12.2019
USTR press statement on phase one trade deal with China
United States and China Reach Phase One Trade Agreement12/13/2019Washington, DC –  The United States and China have reached an historic and enforceable agreement on a Phase One trade deal that requires structural reforms and other changes to China’s economic and trade regime in the areas of intellectual property, technology transfer, agriculture, financial services, and currency and foreign exchange.  The Phase One agreement also includes a commitment by China that it will make
18:32 13.12.2019
China says first phase of trade deal with U.S. agreed
Says first phase of trade negotiations achieved major progressAn agreement has been reached on textU.S. will follow up on promise to cancel tariffs on a phased basisDeal to protect Chinese firms' legal interests in dealing in U.S.Trade deal to boost confidence of global marketsBoth sides agree to complete last stages as possible including translation and legal review of deal as soon as possibleTwo sides agreed to negotiate on specific arrangement for a signing ceremonyChina has decided to cancel
Bonuses VIP