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Bank of Japan (BOJ) Crushes Expectations of Abandoning Ultra-Easy Policy

by Adrian Jhonsan
Bank of Japan (BOJ) Crushes Expectations of Abandoning Ultra-Easy Policy

The Bank of Japan has pushed back on speculation its recent policy adjustment marked the start of a tightening cycle. Deputy Governor Shinichi Ichida on Wednesday reiterated the central bank’s …

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Professor urges China to take action and rescue the struggling economy

by Adrian Jhonsan
Professor urges China to take action and rescue the struggling economy

A Nanjing Road pedestrian street on October 1, 2022 in Shanghai, China. Yan Daming | Visual China Group | Getty Images China’s authorities need to take decisive policy action to …

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Signals of Growth Challenges Ahead for Asia’s Factories amid Weak Demand

by Adrian Jhonsan
Signals of Growth Challenges Ahead for Asia’s Factories amid Weak Demand

A worker welds in the workshop of a machinery and equipment manufacturing enterprise in Qingzhou Economic Development Zone, East China’s Shandong province, July 17, 2023. Future Publishing | Future Publishing …

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RBA Holds Steady, Keeps Interest Rates Unchanged at 4.1%

by Adrian Jhonsan
RBA Holds Steady, Keeps Interest Rates Unchanged at 4.1%

A Sydney ferry passes the Opera House and skyline of the central business district area on May 12, 2020 in Sydney, Australia. James D. Morgan | Getty Images The Reserve …

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Euro zone inflation and GDP growth data for July and the second quarter

by Adrian Jhonsan
Euro zone inflation and GDP growth data for July and the second quarter

Jeff Greenberg | Universal Images Group | Getty Images Euro zone inflation fell in July, and new growth figures showed economic activity picking up in the second quarter of this …

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BOJ Urged to Embrace New Normal Sooner as Current Policy Deemed ‘Very Harmful’

by Adrian Jhonsan
BOJ Urged to Embrace New Normal Sooner as Current Policy Deemed ‘Very Harmful’

Japan needs to transition sooner to a “new normal” as the country’s current ultra low interest rate policy regime has been “inappropriate” and “very harmful” for the economy, according to …

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Bank of Japan’s decision to relax YCC news shocks markets due to ‘enhanced flexibility’

by Adrian Jhonsan
Bank of Japan’s decision to relax YCC news shocks markets due to ‘enhanced flexibility’

Kazuo Ueda, governor of the Bank of Japan (BOJ). Bloomberg | Bloomberg | Getty Images The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global …

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While the Dow lost momentum, the U.S. economy remained resilient.

by Adrian Jhonsan
While the Dow lost momentum, the U.S. economy remained resilient.

People shop in a Manhattan store on July 27, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily …

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Interest rates increase by 0.25 percentage points

by Adrian Jhonsan
Interest rates increase by 0.25 percentage points

The European Central Bank announced a new rate decision Thursday. Daniel Roland | AFP | Getty Images The European Central Bank on Thursday announced a new rate increase of a …

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Categories World

Turkey’s Central Bank Raises 2023 Inflation Forecast to 58% – More Than Double Previous Projection

by Adrian Jhonsan
Turkey’s Central Bank Raises 2023 Inflation Forecast to 58% – More Than Double Previous Projection

Turkish Central Bank Governor Hafize Gaye Erkan answers questions during a news conference for the Inflation Report 2023-III in Ankara, Turkey on July 27, 2023. Anadolu Agency | Anadolu Agency …

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