Claims extracted
16
sentences that state something as happening or true
Uncertain
0%
0 of 16 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
66/100
The Guardian's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
The Japanese yen has soared by more than 2% against the dollar amid speculation the Bank of Japan is set to raise interest rates.
asserted
Bank → soar → rates
The latest jump on Thursday lifted the yen to its highest level against the dollar in a month, at 155.57, and followed a 0.9% move the previous day.
Global markets remain jittery after this week’s dramatic government bond sell-off – caused by fears of a fresh inflation increase as a result of higher oil prices.
asserted
markets → lift → prices
Investors have been reassessing their expectations for the future path of interest rates, in Japan and across other major economies.
asserted
Investors → reassess → economies
Remarks by a Bank of Japan policymaker, Hajime Takata, suggesting it needs to move more “nimbly”, appeared to have heightened the prospects of a decisive move.
asserted
it → suggest → move
The chief executive of the financial adviser deVere, Nigel Green, said the scale of the yen appreciation over such a short time period underlined the febrile state of markets.
asserted
scale → say → markets
“Markets this jumpy don’t need a shock to move hard, a rumour is enough,” he said.
asserted
he → need → shock
Citi said in a note to clients that Takata’s remarks were the “strongest messaging we’ve heard from the board and reintroduces the idea of an expedited rate hike trajectory”.
asserted
we → say → trajectory
The Bank of Japan has been incrementally raising rates for the past two years, after the economy finally shrugged off decades of deflation, or falling prices – but its main policy rate was left unchanged at 1% in July.
asserted
rate → raise → July
Markets now believe there is a 77% chance of a rate rise at the BoJ’s next meeting, which starts on 17 September.
asserted
which → believe → September
Commenting on the latest market moves, Japan’s vice-finance minister for international affairs, Atsushi Mimura, said he was “neither satisfied nor reassured”, and policymakers “remain on a state of heightened alert”.
asserted
policymakers → comment → alert
The global bond market sell-off – pushing up the yield, or interest rate, on government borrowing – intensified earlier this week after the US Federal Reserve chair, Kevin Warsh, used a speech last Friday to indicate that he was determined to bring inflation back to target.
asserted
he → push → target
Warsh had previously baffled some investors by withdrawing the Fed’s approach of signalling future rate moves, known as “forward guidance” – but in Friday’s speech at the central bankers’ conference in Jackson Hole, he said that if inflation did not move towards the 2% target the Fed would have “more to do”.
asserted
Fed → baffle → more
The dollar weakened on Thursday after the Fed governor Christopher Waller indicated he was leaning towards keeping interest rates steady at this month’s meeting of Fed rate-setters.
asserted
he → weaken → setters
“I’m going to paraphrase John Lennon here: ‘give disinflation a chance’.
asserted
I → go → chance
We can wait one meeting,” Waller told Reuters.
asserted
Waller → wait → Reuters
The dollar dropped further against the yen after his comments, and was also weaker against the pound and the euro.
The bond sell-off appeared to have eased on Thursday, with yields on 10-year UK government bonds, known as gilts, hovering at about 5.1% in morning trading – having touched the highest level since 2008, close to 5.3%, earlier this week.
asserted
yields → drop → 2008
The Aporia
