The Bank of Japan raised its key interest rate to about 0.5% from 0.25% Friday, noting that inflation is holding at a desirable target level. The decision by the central bank came at the end of a ...
Experience suggests that abundant and cheap money is not a harbinger of price or financial stability, much less of sustained economic growth. The European Central Bank should bear that in mind as it ...
It was made in an 8-1 vote with board member Toyoaki Nakamura dissenting. The move underscores the central bank's resolve to steadily push up interest rates to around 1 per cent - a level analysts see ...
In very short-term, it may trade between $30 (Rs 89,600) and $31 (Rs 92,600). Selling into rallies is a preferred strategy.
Asian shares have advanced after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S. futures ...
The decision marks its first rate hike since July last year and comes days after the inauguration of US President Donald Trump ...
The Bank of Japan is expected to raise interest rates on Friday to their highest levels since the 2008 global financial crisis, as a broad stocks rally worldwide calms policymakers' fears U.S.
US President Donald Trump has said he will demand the country's central bank to lower interest rates when crude oil prices come down.
It is the highest level since October 2008 as the economy makes steady progress toward the bank’s goal of stable 2% inflation and wage-backed growth.
The US President appeared Thursday at a virtual panel at the World Economic Forum, the annual global meeting of bankers and oligarchs, in which he coupled threats of trade war with promises to slash ...
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stably around its 2% target ...
Cyber criminals stole Rs 2.34 crore from a cooperative bank in Vijayanagara, Karnataka, by exploiting its RTGS/NEFT system, diverting funds to 25 fraudulent accounts across northern India.