No Data
Eurozone Consumers Feel the Chill
Analyst: The Bank of Japan may delay interest rate hikes until May next year.
On December 20, in a statement by Analyst Justin McQueen, the stance of Bank of Japan Governor Kazuo Ueda at the monetary policy meeting unexpectedly did not include a commitment to recent policy tightening. This caused the yen to rise significantly and sparked concerns among Japanese officials about recent trends. Bank of Japan Governor Kazuo Ueda stated, "The overall situation of wage trends will become clearer in March and April next year," which seems to open the door to delaying interest rate hikes until May. However, this may be more about not cornering oneself than leaving some options open. It is worth noting that starting from the end of January, the U.S.
Express News | Nomura: The European Central Bank's deposit rate may drop to 1.75% or below in 2025.
Italian Business Confidence Improves in December; Consumer Sentiment Falls
Ifo: Business Climate in German Retail Sector Falls Amid Weak Demand
Kazuo Ueda releases a dovish stance, and both Bank of America and Nomura have postponed their expectations for the Bank of Japan to raise interest rates.
After the Governor of the Bank of Japan, Kazuo Ueda, expressed a cautious attitude towards interest rate cuts, analysts from Bank of America and Nomura Holdings pushed back their expectations for the Bank of Japan's next interest rate hike from January of next year to March.