BANK OF JAPAN MINUTES SHOW SEVERAL MEMBERS SAID IT WAS DIFFICULT TO ANTICIPATE THE PACE AND TIMING OF FUTURE RATE INCREASES, WITH ONE SAYING THE BANK MUST SPEED UP RATE HIKES AS INFLATION RISKS COULD CAUSE SIGNIFICANT HARM, ANOTHER NOTING MARKETS APPEAR TO EXPECT A HIKE ABOUT ONCE EVERY SIX MONTHS THOUGH HIKES COULD COME MORE QUICKLY, AND SOME WARNING TERM PREMIA COULD INCREASE IF MARKETS DOUBT THE BOJ WILL RAISE RATES ADEQUATELY.
BANK OF JAPAN MINUTES SHOW MEMBERS CONCURRED THAT FX VOLATILITY IMPACTS THE ECONOMY AND PRICES MORE THAN BEFORE AS FIRMS INCREASE PASS-THROUGH OF RISING IMPORT COSTS, WITH ONE MEMBER NOTING RISING UPSIDE PRICE RISKS AS A WEAK YEN AND MIDDLE EAST EVENTS COULD BOOST INFLATION EXPECTATIONS, AND SOME SAYING THE BANK MUST SIGNAL ITS FOCUS ON UPSIDE INFLATION RISKS MORE CLEARLY.
BANK OF JAPAN MINUTES SHOW MEMBERS CONCURRED THAT FX VOLATILITY IMPACTS THE ECONOMY AND PRICES MORE THAN BEFORE AS FIRMS INCREASE PASS-THROUGH OF RISING IMPORT COSTS, WITH ONE MEMBER NOTING RISING UPSIDE PRICE RISKS AS A WEAK YEN AND MIDDLE EAST EVENTS COULD BOOST INFLATION EXPECTATIONS, AND SOME SAYING THE BANK MUST SIGNAL ITS FOCUS ON UPSIDE INFLATION RISKS MORE CLEARLY.
BANK OF JAPAN MINUTES SHOW MANY MEMBERS SAID UNDERLYING INFLATION IS NEARING 2%, REQUIRING A FOCUS ON STABILISING PRICE GROWTH AROUND THAT LEVEL RATHER THAN PUSHING UP INFLATION, WITH MANY NOTING MEDIUM- AND LONG-TERM INFLATION EXPECTATIONS RISING FOR HOUSEHOLDS AND COMPANIES AND SEVERAL EXPECTING CONSUMER GOODS PRICE INCREASES TO EXPAND FROM SUMMER ONWARD.
Basically @chancedotnet is doubling deposits right now
1k in = 2k to play with
I'm on a heater so I'm giving away $100 site credit to one of you
- Deposit at
- Reply with screenshot + wallet
Winner picked soon with
Barrick Mining has reached an agreement with unions representing workers at its Loulo-Gounkoto gold complex in western Mali, averting strikes planned to begin on Monday