Federal Reserve

BoJ Holds Ultra-Low Interest Rates
BOJ

BoJ Holds Ultra-Low Interest Rates, Raises 2022 Inflation Forecast

The Bank of Japan (BoJ) held interest rates at record lows as expected on Friday, and said inflation is likely to rise more in the near-term as the Japanese economy struggles with elevated raw material costs and supply chain issues The central bank held its target for short-term interest rates at negative 0.1%, and said […]

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Gold Steady Near Four-Month High Amid Fed Inflation Comments
Commodity

Gold Steady Near Four-Month High Amid Fed Inflation Comments

By Administrator_ India Capital Sands Gold steadied near the highest level in more than four months as investors weighed comments by Federal Reserve officials who sought to soothe concerns about inflation. Governor Lael Brainard, Atlanta Fed President Raphael Bostic, and St. Louis’s James Bullard said they would not be surprised to see bottlenecks and supply […]

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Market

Asian Stocks Up, but Inflation Concerns Re-Emerge

By Administrator_ India Capital Sands Asia Pacific stocks were mostly up Monday morning, with volumes thin over the closure of two major markets in the region and re-emerging inflation concerns. Chinese and Japanese markets are closed for a holiday. In Australia, the ASX 200 edged up 0.14% by 10:30 PM ET (2:30 AM GMT), ahead of the […]

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