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Japan To Hike Rates

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Ex-BOJ Ueda: Rates could rise to 2.5-3.0% -sources

Fri Apr 14, 2006 6:39 AM ET

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TOKYO, April 14 (Reuters) - The Bank of Japan could raise short-term interest rates to a neutral level of 2.5-3.0 percent from current levels around zero over the next two to three years, former BOJ board member Kazuo Ueda was quoted as saying on Friday.

Ueda, a BOJ board member until last April and now a University of Tokyo professor, said in a closed-door speech that financial markets were pricing in a such a move, according to sources who attended the event.



and something completely different -

Fed's Bies warns property speculators are a risk

Thu Apr 13, 2006 4:33 PM ET

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LOS ANGELES, April 13 (Reuters) - Federal Reserve Board Governor Susan Bies said on Thursday the U.S. housing market may have slowed slightly but was still on a very sound footing, and issued a stern warning over property speculation.

"I'm going to tell you what we worry about. One of the things we're focusing on is the exposure because of investor activity in housing markets," she told community leaders at an event sponsored by the San Francisco Fed.

continued at -


Edited by gruffydd

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Oh, it must be 12.37 pm. The midday posting about Japanese interest rates is late today.

I'm looking forward to the 5 pm one. That's normally the best.

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  • 302 Brexit, House prices and Summer 2020

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