The exchange rate between the dollar and yen continues to fall. At the same time, on Thursday, BOJ’s employees expressed an opinion about the abolition of stimuli for the yen.
The exchange rate between the dollar and yen continues to fall. At the same time, on Thursday, BOJ’s employees expressed an opinion about the abolition of stimuli for the yen.
According to a monthly survey by Citi/YouGov, public expectations for inflation levels over the coming years have lowered.
The Bank of Mexico posted an optimistic inflation forecast on Wednesday. It is noted the cycle of rising interest rates, which began in June 2021, is nearing completion.
China is weakening its position on the coronavirus and easing some restrictions. This comes despite a record high number of new cases of infection.
It was the US Dollar’s time to shine among other currencies in 2022. However, according to the forecast of economists at Commerzbank, the dollar will reverse course and weaken next year amid interest rate cuts.
Goldman Sachs Bank expects the price per barrel of Brent crude oil to reach $110 next year. This became known on Tuesday after a statement by Jeff Currie, head of commodities of the bank.
As it was said by U.S. Federal Reserve Chair Jerome Powell, there will be likely no sharp tightening in the nearest future.
Gold continues to hold a defensive stance at the beginning of 2023, HSBC analysts said. So that prices for the yellow metal are expected to rise.
Federal Reserve Governor Lisa Cook said on Wednesday easing of the bank's tight monetary policy is imminent.
On Thursday, Bank of Japan board member Asahi Noguchi said that the country's economy is facing the target of achieving the bank's goal of 2% sustainable inflation.