Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
BOJ’s Kazuo Ueda Signals Potential Interest Rate Hike as Economic Outlook Improves 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Canada Stocks Steady as Markets Await Fed and BoC Decisions 
Comments from Minneapolis Federal Reserve's Kocherlakota:
- Says personal consumption expenditures inflation is running well below 2%
- And "it will continue to do so for several years. Based on this outlook, raising the fed funds rate in 2015 would be inappropriate, because such an action would serve to further delay the return of inflation to target"
- Says that while the labor market improved rapidly in 2014 ... "one good year certainly does not make up for the several preceding disappointing ones"
- Speech repeats text of April 10 speech
Headlines on Bloomberg
