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Core inflation in Japan's capital slows but stays above BOJ target
Tokyo Aug core consumer prices up 2.5% yr/yr, matches forecastIndex less fresh food, fuel rises 3.0% yr/yr in AugustJuly factory output falls 1.6% as US tariffs weighRetail sales rise much less than expected in JulyData highlights dilemma for BOJ as it weighs rate-hike timingBy Leika Kihara TOKYO...Reuters
7 minutes ago
USD/JPY weakens below 147.00 after Japan’s Tokyo CPI inflation data
The USD/JPY pair loses ground to near 146.85 during the early Asian session on Friday. The Japanese Yen (JPY) edges higher against the US Dollar (USD) after the release of Japan’s Tokyo August Consumer Price Index report.
Fxstreet
32 minutes ago
Fed's Waller sees rate cuts over next 3-6 months, starting in September
Aug 28 (Reuters) - Federal Reserve Governor Christopher Waller on Thursday said he wants to start cutting U.S. interest rates next month and "fully expects" more rates cuts to follow to bring the Fed's policy rate closer to a neutral setting, stepping up his call to lower short-term borrowing costs.Reuters
38 minutes ago
Japan July factory output falls more than expected, retail sales disappoint
TOKYO, Aug 29 (Reuters) - Japan's factory output fell 1.6% in July from the previous month, worse than a median market forecast for a 1.0% fall, government data showed on Friday. Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to grow 2.8% ...Reuters
45 minutes ago
Japan July factory output falls 1.6% month-on-month
TOKYO, Aug 29 (Reuters) - Japan's factory output fell 1.6% in July from the previous month, worse than a median market forecast for a 1.0% fall, government data showed on Friday. Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to grow 2.8% ...Reuters
58 minutes ago
Fed's Waller: Time has come to move US interest rates lower — Reuters
Federal Reserve (Fed) Governor Christopher Waller said that he would support an interest-rate cut in the September meeting and further reductions over the next three to six months to prevent the labor market from collapsing, Reuters reported late Thursday.Fxstreet
2 hours ago
Fed's Waller sees rate cuts over next 3-6 months, starting in September
Waller supports 25 bps cut at September meetingAnticipates additional rate cuts over next 3-6 monthsSees labor market weakening, inflation stableBy Ann Saphir Aug 28 (Reuters) - Federal Reserve Governor Christopher Waller on Thursday stepped up his call for cutting short-term U.S. borrowing costs...Reuters
2 hours ago
Law firm rates, revenues soar but costs pile up in AI era
New survey data shows rates, revenues and expenses all rising at big law firmsCravath seeks $205 million in Epic-Google fightLawsuits continue after Philly firm foldsBy David Thomas and Mike Scarcella Aug 28 (Reuters) - (Billable Hours is Reuters' weekly report on lawyers and money. Please se...Reuters
5 hours ago
