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UPDATE 4-Japan wholesale inflation steady near 4%, BOJ eyes rate hike next week
December wholesale prices up 3.8% yr/yr, matches f'castYen-based import prices rise 1.8% yr/yr in DecemberData adds to growing case for BOJ rate hike next weekUeda says BOJ to debate whether to raise rates next weekMarkets, analysts ramp up bets of January rate hikeAdds market pricing, analyst forec...Reuters
Thu, Jan 16
German final inflation confirmed at 2.8% in December
BERLIN, Jan 16 (Reuters) - German inflation eased slightly in December to 2.8%, the federal statistics office said on Thursday, confirming preliminary data.German consumer prices, harmonised to compare with other European Union countries, had risen by 2.9% year-on-year in November.The statistics off...Reuters
Thu, Jan 16
UK GDP rebounds 0.1% MoM in November vs. 0.2% expected
The UK economy returned to expansion, with the Gross Domestic Product (GDP) arriving at 0.1% in November after declining 0.1% in October, according to the latest data published by the Office for National Statistics (ONS) on Thursday.Fxstreet
Thu, Jan 16
BoJ’s Ueda: Will debate at next week's meeting whether to hike rates
Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday that the board members “will debate at next week's meeting whether to hike rates.” Additional quotes Will raise policy rate this year if economic, price conditions continue to improve.
Fxstreet
Thu, Jan 16
USD/KRW drops and pops after BoK surprises with rates on-hold decision
Speaking at the post-policy meeting press conference, Bank of Korea (BoK) Governor Rhee Chang-yong said that “Thursday's rate decision was not unanimous.” Additional takeaways Board member Shin Sung-hwan dissented to Thursday's rate decision.Fxstreet
Thu, Jan 16
Bessent says Dollar’s global status is critical to US economy
Scott Bessent, Donald Trump’s nominee for Treasury secretary, said on Wednesday that maintaining the US Dollar (USD) as the world’s reserve asset is important to US economic health and the nation’s future, per Bloomberg.Fxstreet
Thu, Jan 16
UPDATE 1-Yellen says Trump's plan for new revenue agency won't save money for taxpayers
Tariffs would make US companies less competitiveTrump plan for "External Revenue Service" duplicative, Yellen saysAdds background in paragraphs 5-7, Yellen comments on tariff plans in paragraphs 8-12By Andrea Shalal NEW YORK, Jan 15 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Wed...Reuters
Thu, Jan 16
