Dossier
tightening
Coverage of tightening in the Nexus archive.
- Fed holds rates for fifth straight meeting as three officials push for a hike
The US Federal Reserve maintained interest rates between 3.5% and 3.75% for the fifth consecutive meeting, reflecting an internal division with three officials advocating for a rate hike. The decision leaves potential for tightening in September.
- Bank of Japan’s summary of opinions shows support for further rate rises
The Bank of Japan's policymakers expressed concern about upside risks to inflation but most did not support accelerating interest rate hikes. The summary of opinions indicated cautious support for further rate increases without urgent tightening.