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Japan's output falls as US tariffs bite, inflation slows
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% on drop in auto productionRetail sales rise much less than expected in JulyData highlights dilemma for BOJ as it weighs rate-hike timingBy Leika Kihara a...Reuters
8 minutes ago
UK’s Reeves could raise revenues by imposing a windfall tax on banks — Bloomberg
UK Chancellor of the Exchequer Rachel Reeves could boost revenues by imposing a windfall tax on commercial lenders to recover the profits they are making from taxpayers on deposits held at the Bank of England (BoE), Bloomberg reported on Friday.
Fxstreet
an hour 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
2 hours 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
2 hours 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
2 hours 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
2 hours ago
