News
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ECB’s Stournaras: Policy should continue with a series of rate cuts at the next meetings
European Central Bank (ECB) Governing Council member Yannis Stournaras said on Thursday that “policy should continue with a series of rate cuts at the next meetings.” Additional quotes Our moves should be gradual and cautious based on the available data.
Fxstreet
Fri, Jan 17
China's population falls for a third consecutive year
HONG KONG, Jan 17 (Reuters) - China's population fell for a third consecutive year in 2024, with the number of deaths outpacing a slight increase in births, and experts cautioning that the trend will accelerate in the coming years.Reuters
Fri, Jan 17
UPDATE 3-USTR finds China's shipbuilding dominance hurts US, is actionable
USTR finds China's maritime dominance 'actionable' under US lawTrade probe leaves decisions on penalties to Trump administrationUSTR Tai calls for urgent action to invest in US supply chainsAdds Chinese Embassy in Washington comment in paragraphs 4-5By Andrea Shalal and David Lawder WASHINGTON, J...Reuters
Fri, Jan 17
BoJ Survey: Households expect inflation to rise by average of 11.5% a year from now
A quarterly survey conducted by the Bank of Japan (BoJ) showed on Friday that “Japanese households expect inflation to rise by an average of 11.5% a year from now, with a median expectation of 10.0%.” Additional takeaways Japanese households expect inflation to rise by an average of 9.2% five years from now, with a median expectation of 5.0%.Fxstreet
Fri, Jan 17
UPDATE 3-Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil
Bessent makes Senate debut as Trump's economic point manHedge fund manager a vocal advocate for Trump's tariff agenda Bessent says US needs stronger sanctions on Russian oilHigh debt curbs US crisis-fighting fiscal capacity, Bessent saysBessent vows to maintain dollar reserve currency status Adds d...Reuters
Fri, Jan 17
UPDATE 2-China's new home prices stabilise with stimulus push
China's new home prices steady for first time in 18 monthsExpectations improve, but home prices yet to hit bottom, analyst says Property sector still faces challenges Adds analysts' comments in paragraphs 5-6 and 10, adds chartBy Liangping Gao, Yukun Zhang and Ryan Woo BEIJING, Jan 17 (Reuters) -...Reuters
Fri, Jan 17
Japan’s Kato: Up to Bank of Japan (BoJ) to decide on monetary policy
Japan’s Finance Minister Katsunobu Kato reiterated on Friday that it’s “up to the Bank of Japan (BoJ) to decide on monetary policy..” He further noted that he “expects the BoJ to conduct monetary policy appropriately to achieve the 2% inflation target.” Market reaction USD/JPY is maintaining the bounce to trade near 155.30 following these above comments, flat on the day.
Fxstreet
Fri, Jan 17
China's population falls for a third consecutive year
HONG KONG, Jan 17 (Reuters) - China's population fell for a third consecutive year in 2024, with the number of deaths outpacing a slight uptick in births , with experts cautioning that the downturn will worsen in the coming years. (Reporting by Farah Master and the Beijing newsroom; Editing by Chri...Reuters
Fri, Jan 17
