WS #13121
Fed holds rates 9-3 with three dissents favoring hikes; US30Y nears 20-year high. Eurozone CPI rises to 2.9% (core 2.5%), pushing ECB September hike odds to 85%. BOJ intervenes to defend yen near 160, holds rates at 1% (8-1 vote); US Treasury may intervene in yen market, raising carry-trade unwind risk.
Fed and ECB rate signals
Fed holds rates 9-3 with three dissents favoring hikes; US30Y nears 20-year high. Eurozone CPI rises to 2.9% (core 2.5%), pushing ECB September hike odds to 85%.
BOJ intervenes to defend yen near 160, holds rates at 1% (8-1 vote); US Treasury may intervene in yen market, raising carry-trade unwind risk.