Wide gaps in interest rates could bring back the yen carry trade, in which investors borrow in Japan and deploy the funds in higher-yielding markets.

The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points, bringing the federal funds rate to 4.25%-4.5%.

The Bank of Japan kept interest rates unchanged on Thursday and its governor offered few clues on how soon it could push up borrowing costs, sending the yen and bond yields tumbling on fresh doubts over the near-term chances of a rate hike.

The Bank of Japan held its policy interest rate steady on Thursday as it waits for uncertainties abroad to clear further and for more evidence of economic recovery at home.

The yen weakened against the dollar Thursday after the Bank of Japan kept borrowing costs unchanged, extending a retreat that came after the US Federal Reserve forecast fewer rate cuts.

The Bank of England wrapped up a big year of central bank rate cuts by keeping rates steady on Thursday December 19 - a day after the Federal Reserve eased policy but suggested it would be more cautious in 2025.

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The Bank of Japan on Thursday held its benchmark interest rate steady at 0.25%. The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points ...

The Japanese yen is trading near its lowest levels in more than three decades, reviving speculation of another round of government intervention. Even after the Bank of Japan raised interest rates in March for the first time since 2007 and again in July,

During the third quarter of 2024, stock selection contributed the most to Fund performance, while sector allocation detracted.

Felix Zulauf envisions a correction of about 15% in the S&P 500 index after the Santa Claus rally plays out in January. But that should set things up for a run to new highs later in the year.