It’s premature to talk about a pivot to cutting interest rates, says Bank of Korea chief
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Rhee Chang-yong, Bank of Korea governor, says the central bank has made it clear that core inflation is still well above its target.
Archive List for Asia Squawk Box
Coinbase responds to SEC’s threat of formal charges
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CNBC’s MacKenzie Sigalos reports on crypto regulation from Austin, where one of the world’s biggest crypto conferences is underway.
We expect Bank of Japan to maintain yield curve control today, says research institute
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Hiromi Yamaoka of Future Institute of Research says governor Kazuo Ueda has to “pay attention to a soft landing” as many entities are accustomed to the current policy.
Biden’s reelection bid gives Democrats their best chance to win, professor says
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Allan Lichtman of American University says “there is no Republican with the broad appeal of a Ronald Reagan” running for president in 2024.
U.S. Fed might start talking about living with a higher inflation target next month, UBS says
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Kelvin Tay of UBS Global Wealth Management says “communication has always been the Federal Reserve’s way of managing market expectations and managing the market itself.”
U.S.-Philippine alliance ‘moving into a new era’ with their largest-ever war drills, think tank says
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Gregory Poling of the Center for Strategic and International Studies says if former Philippine Rodrigo Duterte “wasn’t good enough for China, then no Philippine president will ever be good enough for China.”
France’s Macron made ‘alarm bells go off’ with Taiwan comments
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Chinese President Xi Jinping is probably “pretty happy” that France’s president seems to believe that China-Taiwan tensions are a separate issue from the Russia-Ukraine war. CNBC’s Ted Kemp reports.
This is going to be the most bullish time for oil demand, says analyst
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Matt Smith of Kpler says oil demand will kick in because of the summer driving season, among other factors that will support prices, but “it’s what comes after that … that’s the real concern.”
It’s not a great time for the Bank of Japan to make tweaks of any kind, says author
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William Pesek, author of “Japanization: What the World Can Learn from Japan’s Lost Decades,” says, however, that there could be some “interesting fireworks” from the Bank of Japan later in the year.
How are Russians being treated when they travel? Here’s what some say
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Some Russians say they are uneasy talking about their nationality, as they fear reactions from those they meet may be hostile or combative, CNBC’s Monica Pitrelli reports.