Investors continue to monitor whether the United States Federal Reserve (Fed) will raise interest rates again. Christopher Waller and Michelle Bowman, who are among the Fed's policy makers, support a rate hike, citing that current inflation rates are still above the Fed's 2% target.
The United States Producer Price Index (PPI) has increased from 2.0% to 2.2%, exceeding the expected 1.6%. Additionally, the Consumer Price Index (CPI) will be announced on Thursday, and forecasts indicate that CPI may decrease from 3.7% to 3.6%.
The Bank of Japan (BoJ) continues its accommodative monetary policy. Asahi Noguchi, one of Japan's policy makers, suggests that raising wages at this time may not be advisable, as inflation rates could rise due to import costs and the weakening of the yen.
Other policy makers believe that an immediate adjustment to the Yield Curve Control (YCC) policy is not necessary and emphasize bringing real wages into positive territory again, although it cannot be specified when this might happen.
Overview | |
Today last price | 149 |
Today Daily Change | -0.16 |
Today Daily Change % | -0.11 |
Today daily open | 149.16 |
Trends | |
Daily SMA20 | 148.68 |
Daily SMA50 | 146.87 |
Daily SMA100 | 144.04 |
Daily SMA200 | 138.7 |