BOJ policy-setting meeting

TOKYO, Japan, Dec. 19 Kyodo - Bank of Japan Governor Kazuo Ueda holds a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2024, after the BOJ kept its key interest rate unchanged at around 0.25 percent during a two-day policy-setting meeting. (Kyodo)

Fukuda suggests no hike in consumption tax rate in FY 2008

Fukuda suggests no hike in consumption tax rate in FY 2008

TOKYO, Japan - Prime Minister Yasuo Fukuda speaks to reporters at the prime minister's office in Tokyo on Nov. 15. Fukuda suggested that the government will not raise the consumption tax rate, currently set at 5 percent, in the next fiscal year starting in April 2008.

BOJ forgoes rate hike on weak spending, Fukui leaves no clues

BOJ forgoes rate hike on weak spending, Fukui leaves no clues

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui speaks at a press conference after the bank's policy-setting panel unanimously decided to forgo an increase in its key short-term interest rate during its last meeting in 2006. Fukui gave no clues as to the timing of the next rate hike.

BOJ has no preset view on interest rate hike timing: Muto

BOJ has no preset view on interest rate hike timing: Muto

KYOTO, Japan - Bank of Japan Deputy Governor Toshiro Muto holds a news conference in Kyoto on Oct. 5 after meeting with local business leaders.

U.S. Fed rolls out largest rate hike since 1994, weighing on global economy

STORY: U.S. Fed rolls out largest rate hike since 1994, weighing on global economy DATELINE: June 16, 2022 LENGTH: 00:02:11 LOCATION: Beijing CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. exterior of U.S. Federal Reserve 2. various of New York Stock Exchange 3. SOUNDBITE 1 (English): MICHAEL HUDSON, Professor of economics at the University of Missouri-Kansas City 4. SOUNDBITE 2 (Spanish): JORGE MARCHINI, Professor of Economy, University of Buenos Aires 5. SOUNDBITE 3 (English): HSIA HUA SHENG, Associate professor of international finance with Getulio Vargas Foundation STORYLINE: The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by 75 basis points, marking the sharpest rate hike since 1994, as reports in recent days indicated inflation showed no clear sign of easing. Experts say the biggest rate hike in 28 years will weigh on global economy and bankrupt third world countries. SOUNDBITE 1 (English): MICHAEL HUDSON, Professor of economics at the University of Missouri-Kansas City "Suppose y

U.S. Fed raises rates by three-quarter point amid inflation surprises

STORY: U.S. Fed raises rates by three-quarter point amid inflation surprises DATELINE: June 16, 2022 LENGTH: 00:01:14 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference STORYLINE: The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by 75 basis points, marking the sharpest rate hike since 1994, as data released in recent days indicated inflation showed no clear sign of easing. "Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures," the Fed said in a statement after a two-day policy meeting, adding that the Fed is "highly attentive to inflation risks." The Federal Open Market Committee (FOMC), the Fed's policy-making body, decided to raise the target range for the federal funds rate to 1.5 to 1.75 percent and "anticipates that ongoing increases in the target range will be appropriate." The statement showed that 10 committee members voted for the deci

U.S.-WASHINGTON, D.C.-FED-BENCHMARK INTEREST RATE-RAISING

U.S.-WASHINGTON, D.C.-FED-BENCHMARK INTEREST RATE-RAISING

(220615) -- WASHINGTON, June 15, 2022 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on June 15, 2022. The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by 75 basis points, marking the sharpest rate hike since 1994, as reports in recent days indicated inflation showed no clear sign of easing. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-FED-BENCHMARK INTEREST RATE-RAISING

U.S.-WASHINGTON, D.C.-FED-BENCHMARK INTEREST RATE-RAISING

(220615) -- WASHINGTON, June 15, 2022 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on June 15, 2022. The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by 75 basis points, marking the sharpest rate hike since 1994, as reports in recent days indicated inflation showed no clear sign of easing. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-FED-BENCHMARK INTEREST RATE-RAISING

U.S.-WASHINGTON, D.C.-FED-BENCHMARK INTEREST RATE-RAISING

(220615) -- WASHINGTON, June 15, 2022 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on June 15, 2022. The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by 75 basis points, marking the sharpest rate hike since 1994, as reports in recent days indicated inflation showed no clear sign of easing. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-FED-BENCHMARK INTEREST RATE-RAISING

U.S.-WASHINGTON, D.C.-FED-BENCHMARK INTEREST RATE-RAISING

(220615) -- WASHINGTON, June 15, 2022 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on June 15, 2022. The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by 75 basis points, marking the sharpest rate hike since 1994, as reports in recent days indicated inflation showed no clear sign of easing. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-FED-BENCHMARK INTEREST RATE-RAISING

U.S.-WASHINGTON, D.C.-FED-BENCHMARK INTEREST RATE-RAISING

(220615) -- WASHINGTON, June 15, 2022 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on June 15, 2022. The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by 75 basis points, marking the sharpest rate hike since 1994, as reports in recent days indicated inflation showed no clear sign of easing. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-FED-BENCHMARK INTEREST RATE-RAISING

U.S.-WASHINGTON, D.C.-FED-BENCHMARK INTEREST RATE-RAISING

(220615) -- WASHINGTON, June 15, 2022 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell (rear) attends a press conference in Washington, D.C., the United States, on June 15, 2022. The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by 75 basis points, marking the sharpest rate hike since 1994, as reports in recent days indicated inflation showed no clear sign of easing. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-FED-BENCHMARK INTEREST RATE-RAISING

U.S.-WASHINGTON, D.C.-FED-BENCHMARK INTEREST RATE-RAISING

(220615) -- WASHINGTON, June 15, 2022 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on June 15, 2022. The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by 75 basis points, marking the sharpest rate hike since 1994, as reports in recent days indicated inflation showed no clear sign of easing. (Xinhua/Liu Jie)

U.S.-WASHINGTON, D.C.-FED-BENCHMARK INTEREST RATE-RAISING

U.S.-WASHINGTON, D.C.-FED-BENCHMARK INTEREST RATE-RAISING

(220615) -- WASHINGTON, June 15, 2022 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on June 15, 2022. The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by 75 basis points, marking the sharpest rate hike since 1994, as reports in recent days indicated inflation showed no clear sign of easing. (Xinhua/Liu Jie)

BOJ has no preset view on interest rate hike timing: Muto

BOJ has no preset view on interest rate hike timing: Muto

KYOTO, Japan - Bank of Japan Deputy Governor Toshiro Muto holds a news conference in Kyoto on Oct. 5 after meeting with local business leaders. (Kyodo)

BOJ forgoes rate hike on weak spending, Fukui leaves no clues

BOJ forgoes rate hike on weak spending, Fukui leaves no clues

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui speaks at a press conference after the bank's policy-setting panel unanimously decided to forgo an increase in its key short-term interest rate during its last meeting in 2006. Fukui gave no clues as to the timing of the next rate hike. (Kyodo)

Fukuda suggests no hike in consumption tax rate in FY 2008

Fukuda suggests no hike in consumption tax rate in FY 2008

TOKYO, Japan - Prime Minister Yasuo Fukuda speaks to reporters at the prime minister's office in Tokyo on Nov. 15. Fukuda suggested that the government will not raise the consumption tax rate, currently set at 5 percent, in the next fiscal year starting in April 2008. (Kyodo)