BoJ board member Toyoaki Nakamura, known for his dovish stance, cautioned in a speech today that “inflation may not reach 2 per cent from fiscal 2025 onward” if households reduce spending, which would discourage companies from further price hikes. Nakamura highlighted that domestic consumption has been sluggish recently. He also pointed to the uncertainty surrounding […]
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When the missiles started to fly over Israel, stocks in the United States tanked. As oil prices moved higher, tech stocks swooned as investors tried to gauge whether the shelling of Israel by Iran meant Read more…
In a speech today, ECB Vice President Luis de Guindos acknowledged that Eurozone growth was weaker than expected in Q2, leading to a downward revision in the growth outlook for the region. He added that Read more…
BoJ Governor Kazuo Ueda reaffirmed today that Japan’s economy is expected to sustain a moderate recovery, which should support underlying inflation in converging toward 2% target over the coming years. However, Ueda did not repeat Read more…