Home / Author Archives: Top News Editor (page 2)

Author Archives: Top News Editor

BoJ Leaves Policy Unchanged; Raises Growth Outlook

The Bank of Japan decided to maintain its monetary policy on Thursday and raised the growth projections citing the impetus from the fiscal stimulus measures. The board voted 7-1 to retain the interest rate at -0.1 percent on current accounts ...

Read More »

Dollar Stays Subdued As Stimulus Prospects Rise

The U.S. dollar exhibited weakness against most of its peers on Wednesday amid increased risk appetite on hopes the new U.S. government under Joe Biden will come out with a big stimulus to bolster economic recovery. Read Full Story

Read More »

UK Consumer Price Inflation Doubles In December

UK consumer price inflation doubled in December on higher transport and recreation costs, data released by the Office for National Statistics showed on Wednesday. Inflation accelerated to 0.6 percent from 0.3 percent in November. The rate was above economists’ forecast ...

Read More »

China Retains Benchmark Lending Rates

China’s benchmark lending rates were left unchanged as widely expected, on Wednesday. The one-year loan prime rate was retained at 3.85 percent and the five-year loan prime rate was maintained at 4.65 percent. The one-year and five-year loan prime rates ...

Read More »