News
Important Only
UPDATE 1-India to forecast stronger growth next year while sticking to fiscal deficit goals, sources say
Nominal GDP growth seen at over 10% next fiscal year -source That compares with 9.7% for the current fiscal year Markets have been worried about a slowing in economic growthAdds analyst comment in paragraph 4, background in paragraphs 13-14By Nikunj Ohri NEW DELHI, Jan 14 (Reuters) - India plans ...Reuters
Tue, Jan 14
India to forecast stronger growth next year while sticking to fiscal deficit goals, sources say
NEW DELHI, Jan 14 (Reuters) - India plans to project higher economic growth for the next fiscal year, two government officials with direct knowledge of the matter said, adding that fiscal deficit goals are being met and kept.Reuters
Tue, Jan 14
UPDATE 2-China Dec new bank loans beat forecasts as government support kicks in
New Dec loans top forecasts, but growth y/y slows to record lowPBOC official vows to improve policy implementation force, pace Stimulus may be slowly trickling throughDespite rate cuts, demand for credit still subduedAdds PBOC official quotes, analysts' comments BEIJING, Jan 14 (Reuters) - Chines...Reuters
Tue, Jan 14
PBOC’s Xuan: Will continue to take measures to keep Yuan basically stable at reasonable and balanced levels
Xuan Changneng, People’s Bank of China (PBOC) Deputy Governor, said on Tuesday that the central bank “will continue to take measures to keep the Yuan exchange rate basically stable at reasonable and balanced levels.” Additional quotes Will step up counter-cyclical policy adjustment.
Fxstreet
Tue, Jan 14
UPDATE 4-BOJ deputy governor flags chance of rate hike next week
Negative real rates not normal when Japan out of deflationTrump's inaugural address to offer broad direction of policyHimino offers upbeat view on this year's wage outlookMonth-on-month rise in import prices 'quite high'Remarks come ahead of BOJ's Jan. 23-24 policy meetingRefreshes market moves in p...Reuters
Tue, Jan 14
Japan’s Akazawa: BoJ's rate hike consideration and government's aim to exit deflation are not contradictory
Japan's Economy Minister Ryosei Akazawa noted on Tuesday that ”the Bank of Japan’s (BoJ) consideration of a rate hike and the government's (govt) aim to exit deflation are not contradictory.” “The BoJ and govt are cooperating well,” he added.Fxstreet
Tue, Jan 14
BoJ’s Himino: At next week's policy meeting, board will likely to debate whether to hike rates
Bank of Japan (BoJ) Deputy Governor Ryozo Himino said on Tuesday that “at next week's policy meeting, board will likely to debate whether to hike rates and make a decision.” Additional comments In conducting monetary policy, it is necessary to pay close attention to short-term developments in economFxstreet
Tue, Jan 14
BOJ will debate whether to hike rates next week, deputy gov Himino says
YOKOHAMA, Jan 14 (Reuters) - The Bank of Japan will debate whether to raise interest rates at next week's policy meeting based on its new quarterly growth and inflation forecasts, Deputy Governor Ryozo Himino said on Tuesday.In a speech to business leaders in the city of Yokohama, Himino also said t...Reuters
Tue, Jan 14
ECB to end policy restriction by midsummer at latest, Rehn says
FRANKFURT, Jan 14 (Reuters) - The European Central Bank will keep cutting interest rates and should end policy restriction in the coming months, but looming trade tariffs, which may not even be effective, cloud the outlook, Finnish policymaker Olli Rehn said on Tuesday. The ECB cut interest rates fo...Reuters
Tue, Jan 14
