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Tag: Economy

Bank of Japan’s new chief wants more time to gauge inflation trend
Business

Bank of Japan’s new chief wants more time to gauge inflation trend

April 10, 2023April 10, 2023

The Bank of Japan’s (BOJ) new Governor Kazuo Ueda stated Monday that he wished extra time to guage whether or not wage progress will likely

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Bank of Japan’s new chief wants more time to gauge inflation trend
Business

Bank of Japan’s new chief vows to guide monetary policy ‘flexibly’

April 10, 2023April 10, 2023

The Bank of Japan (BOJ) will talk intently with the federal government and information financial coverage flexibly, the central financial institution’s new governor stated Monday,

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Bank of Japan’s new chief wants more time to gauge inflation trend
Business

Bank of Japan’s new chief vows to guide monetary policy ‘flexibly’

April 10, 2023April 10, 2023

The Bank of Japan (BOJ) will talk carefully with the federal government and information financial coverage flexibly, the central financial institution’s new governor stated Monday,

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Credit Suisse takeover prevented Swiss economy collapse: Minister
Business

Credit Suisse takeover prevented Swiss economy collapse: Minister

April 9, 2023April 9, 2023

Finance Minister Karin Keller-Sutter mentioned Sunday that Switzerland’s economic system would in all probability have collapsed if Credit Suisse had gone bankrupt. Keller-Sutter advised an

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Credit Suisse chair says ‘truly sorry’ as shareholder fury grows
Business

Credit Suisse chair says ‘truly sorry’ as shareholder fury grows

April 4, 2023

The chairperson of Credit Suisse stated Tuesday he was “truly sorry” as he apologized to shareholders for the failures of the once-venerable financial institution, acknowledging

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Sri Lanka slashes fuel prices in welcome relief amid crisis
Economy

Sri Lanka slashes fuel prices in welcome relief amid crisis

March 29, 2023March 29, 2023

Sri Lanka’s authorities on Wednesday introduced vital cuts in gas costs, offering welcome reduction for a lot of after a yr of shortages and skyrocketing

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US Federal Reserve hikes interest rates by 25 basis points
Economy

US Federal Reserve hikes interest rates by 25 basis points

March 22, 2023

The U.S. Federal Reserve introduced that it has raised its benchmark lending price on Wednesday, amid ongoing inflation and banking disaster within the nation. The

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Sri Lankan state workers on strike against high taxes
Economy

Sri Lankan state workers on strike against high taxes

March 15, 2023March 15, 2023

State staff in Sri Lanka, together with well being, railway and port staff, Wednesday launched into a daylong strike to protest towards sharp will increase

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Close President Xi ally, Li Qiang becomes Chinese premier
World

Close President Xi ally, Li Qiang becomes Chinese premier

March 11, 2023March 11, 2023

Li Qiang, the previous Communist Party chief of Shanghai, took workplace on Saturday as China’s premier, the nation’s No.2 put up, placing the shut ally

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Fed chair Powell signals bigger rate hikes if strong data persists
Economy

Fed chair Powell signals bigger rate hikes if strong data persists

March 7, 2023March 7, 2023

The U.S. could improve the tempo of rate of interest hikes if sturdy financial knowledge persists, and will improve them increased than beforehand anticipated, Federal

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