Bank of Japan Delays Rate Hike Amid Economic Uncertainty
The Bank of Japan is expected to skip a December rate hike due to economic uncertainties, including US tariff strategies and upcoming wage hikes in Japan.
Economy News
ECB Signals Gradual Rate Cuts Towards 2% Amid Eurozone Stability
Mario Centeno from ECB's Governing Council suggests gradual rate cuts towards 2% in coming quarters, maintaining a restrictive monetary policy stance.
ECB's Gabriel Makhlouf Advocates for Gradual Interest Rate Cuts Amid Persistent Inflation Concerns
ECB's Gabriel Makhlouf supports gradual interest rate reductions despite persistent high inflation components, emphasizing the ECB's commitment to its 2% inflation target.
Singapore's Youngest Billionaire Expands His Empire to Abu Dhabi
Singapore's youngest billionaire, Kishin RK, establishes a family office in Abu Dhabi, aiming to expand investments in the UAE and Middle East while maintaining strong ties to Sing...
Spain's Consistent Inflation at 2.4% Celebrated by ECB's Escriva
ECB's Jose Escriva praises Spain's inflation consistency at 2.4%, highlighting the success of economic decisions and the stability of citizens' purchasing power.
ECB's Vasle Optimistic About Declining Services Inflation
ECB's Bostjan Vasle explains the decision to reduce interest rates due to declining services inflation, noting its moderation and the potential for Eurozone economic growth.
German Economy Faces Challenges: Bundesbank Forecasts 0.2% Contraction in 2024
The Deutsche Bundesbank forecasts a 0.2% contraction in the German economy for 2024, citing persistent economic headwinds and structural problems. The central bank also revised gro...
Eurozone's Industrial Output Stays Flat in October: Key Insights
Eurostat reports that the euro area's industrial output remained stable in October, driven by capital goods production. However, annual declines were noted, with significant drops ...
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