The latest statement from the Governor of the Bank of japan: consideration will be given to the recent changes in exchange rates!
Although Takeda Kazuo did not mention monetary policy, the market interpreted his statement as a signal that the Bank of Japan may raise interest rates next month.
In October, Hong Kong's CPI rose by 1.4% year-on-year and increased by 2.2% month-on-month.
In October 2024, Hong Kong's overall consumer prices increased by 1.4% compared to the same month last year, which is lower than the corresponding increase in September 2024 (2.2%).
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Breaking news from japan! Prime Minister Ishiba will announce a 21.9 trillion yen economic stimulus plan.
Bloomberg in the usa cites recent reports from japanese media that Prime Minister Shigeru Ishiba will announce a $140 billion economic stimulus plan to address a series of challenges such as inflation and wage growth. According to japanese NHK, the total package will amount to 21.9 trillion yen, slightly higher than last year's series of measures.