Share: The minutes of the September Bank of Japan (BoJ) meeting showed this Monday that members agreed that sustainable and stable achievement of the price stability target, accompanied by wage increases, had not yet come in sight. Key Highlights: One member said such judgment cannot be made under current circumstances that achievement of the 2 … Read more
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LONDON, Oct 22 (Reuters) – A milestone move by the European Central Bank toward launching a digital euro within a few years means the time has come for the newest incarnation of money to prove its worth. A few countries have introduced central bank digital currencies (CBDCs), China is trialling a prototype yuan with 200 … Read more
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Nissan Motor Co., Ltd’s Universal Powertrain Mounting System with a two-layer pallet structure, compatible with EV, e-POWER (HV) and gasoline vehicles is pictured in Kawachi-gun, in Tochigi prefecture, Japan October 8, 2021. REUTERS/Maki Shiraki/File Photo Acquire Licensing Rights Big manufacturers’ sentiment index at 9 vs previous 5 Non-manufacturers’ index at 27 vs previous 23 Survey … Read more
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Packs of 20-euro notes are seen at the Bank of Portugal fortified complex in Carregado, Alenquer, Portugal, May 17, 2022. Picture taken May 17, 2022. REUTERS/Pedro Nunes/File Photo Acquire Licensing Rights ORLANDO, Florida, Sept 14 (Reuters) – The euro was already poised to weaken further before the European Central Bank’s latest rate decision, but in … Read more
ORLANDO, Florida, Aug 25 (Reuters) – Federal Reserve Chair Jerome Powell’s speech in Jackson Hole is likely to maintain the ‘higher for longer’ outlook for U.S. interest rates and bond yields – good news for dollar bulls, especially given the contrasting picture elsewhere in the world. While the U.S. economy appears to be humming along … Read more