Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields 
Eurozone Bond Yields Fall as Oil Slump Eases Inflation Fears Ahead of Central Bank Meetings 
Japan Economy Minister Downplays Inflation Risks Despite BOJ Warning 
Gold Shines on Oil Relief: Buy Dips at $4160, Targeting $4305 as Bullish EMAs Dominate 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
Gold Slips Below $4050 as Bond Yields Surge to 4.7% on Fed Inflation Concerns – Sell Rallies at $4060 Targeting $3940 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
BOJ Minutes Signal More Rate Hikes as Inflation Risks Grow 
William C Dudley, President at New York Federal Reserve, has rejected the criticism that FED is creating more confusion over its rate hike communication. Expectations of rate hike from FED was initially focused on June, which was scaled back to September and now to December after FOMC chose to hold rates this month. Focus now shifted to December, though many economists as well as market participants think FED will hike next year.
Some of the central bankers in emerging markets have also criticized FED for communicating and keep reiterating rate hike but refraining from pulling the trigger, which according to them is creating unnecessary uncertainty.
Mr. Dudley reiterated FED's ambition to hike rates and countered the criticism saying that while all including the market would love clarity how the world will evolve but FED can't make the world more certain that it actually is.
