One of the board members of the Bank of Japan said that it should continue with its dovish policy guidance and maintain the huge monetary stimulus until there are clearer indications of a rise in wages. This reinforced the status…
Results of a poll indicate that the recent recovery in European stocks is set to stall and not go past the levels seen at the end of last year for more than a year at least. This is mostly because…
On Monday, the former top economist for the Bank of Japan, Seisaku Kameda said that it was likely that the Japanese central bank would slash its economic forecasts in October at its next quarterly review. This was because global demand…
The core consumer inflation in Japan accelerated in July to its fastest in almost seven and a half years, primarily because of the prices of raw materials and fuel. These only added to the households’ cost of living, even though…
On Thursday, Turkey’s central bank took the markets by surprise when it reduced its interest rate by 100 basis points, bringing it down to 13%. It said that even though inflation in the country has reached 80%, they need to…
Alonzo Powell