A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images The Bank of Japan kept its policy rate unchanged Friday after its monetary policy meeting, holding its benchmark policy rate at 0%-0.1%. This is in line with expectations from economists … Read more
Kazuo Ueda, governor of the Bank of Japan (BOJ), gestures as he speaks during a news conference at the central bank’s headquarters in Tokyo, Japan, on Tuesday, Oct. 31, 2023. Kiyoshi Ota | Bloomberg | Getty Images Japan’s central bank expectedly left its ultra-loose monetary policy unchanged at its final policy meeting this year in … Read more
FRANKFURT, Germany — The European Central Bank and other policymakers across Europe need to keep interest rates at current elevated levels until they’re sure inflation is under control despite sluggish growth, the International Monetary Fund said Wednesday, warning against “premature celebration” as inflation declines from its peak. The Washington-based IMF said that cost of underestimating … Read more
An undated editorial photograph combining images of Japanese yen bank notes with stock market indicators. Javier Ghersi | Moment | Getty Images Japan’s central bank maintained its ultra-loose policy and left rates unchanged on Friday, mindful of the “extremely high uncertainties” on the growth outlook domestically and globally. In a policy statement after its September … Read more
Touch upon this storyComment She grew up in a time of shortage and repression, dwelling on the unsuitable facet of the road that divided two superpowers. Now she fears a brand new period of rival blocs may lead the world to repeat the errors of the Chilly Battle. Kristalina Georgieva, the Bulgarian economist who heads … Read more