Voodoo Price

Emerging-market stocks and currencies gain as a retreat in a key US inflation measure strengthened hopes that the Fed may not have to raise interest rates soon.

Report: Bank of Japan may raise interest rates as early as September, with the pace of subsequent hikes potentially accelerating

BoJ set to hike rates as soon as September— Reuters

Speculative investors are increasingly betting the Reserve Bank of Australia will raise interest rates again in November as inflation remains above the central bank’s target.