Analysis-BOJ on quest for better communication as more rate hikes loom
By Leika Kihara WASHINGTON (Reuters) – Aside from the mixed policy signals dropped during his trip to the International Monetary Fund and World Bank meetings in Washington, Bank of Japan Governor Kazuo Ueda offered a glimpse of how the central…
Japan’s political shakeup complicates BOJ, fiscal policy outlook
By Makiko Yamazaki TOKYO (Reuters) – The loss of Japan’s ruling bloc’s parliamentary majority has heightened prospects that a new government will need to ramp up spending and of potential complications for further central bank interest rates hikes. Prime Minister…
No urgency for ECB to speed up policy easing, Wunsch says
By Balazs Koranyi (Reuters) – There is no urgency for the European Central Bank to cut interest rates quicker and it could even live with a small, temporary undershoot of its inflation target, Belgian central bank chief Pierre Wunsch said,…
China again warns EU against separate talks with EV makers
BEIJING (Reuters) – China renewed warnings to the European Union that if the bloc conducts separate negotiations with electric vehicle companies while in talks with China, that would “shake mutual trust” and interfere with the overall negotiations, Chinese commerce ministry…
Japan votes in election expected to punish PM Ishiba’s coalition
By Sakura Murakami TOKYO (Reuters) – Japan’s voters decide the fate of Prime Minister Shigeru Ishiba’s government on Sunday in an election expected to punish his coalition over a funding scandal and inflation, potentially ending a decade of dominance for…
Bank of England to press on with digital currency in case banks fall short, Bailey says
By David Milliken WASHINGTON (Reuters) – The Bank of England is reluctantly pressing on with work to create a form of digital money accessible to the general public, as commercial banks risk failing to keep up with less-regulated tech firms,…