BoJ Board Member Masu says one‑ to two‑year real interest rates remain negative and need to keep price trend from going above 2%, adds underlying inflation is still below 2% but quite close to that level
US President Trump says we will win the war with Iran and that oil price will go down as soon as we win the war, while he suggests calling the Hormuz Strait the Trump Strait
CBS reporter Jennifer Jacobs notes multiple US military aircraft suffered damage in strikes the prior night on the Salti Air Base in Jordan, citing sources
BoJ Board Member Masu says one‑ to two‑year real interest rates remain negative and need to keep price trend from going above 2%, adds underlying inflation is still below 2% but quite close to that level
China holds a roundtable with firms including NVIDIA (NVDA) and Dell (DELL)
PBoC injects CNY 3bln in 7-day reverse repos with rate at 1.40%
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Says:
- BoJ is expected to continue raising interest rates given current accommodative financial conditions.
- Higher fuel and chemical goods prices could be one-off shock but may have broader impact on prices via distribution costs.
- Most important thing is to avoid underlying inflation from overshooting sharply from 2%
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