Japan’s Nov real wages fall most in 8 years, defying BOJ objective
Real wages fall for eighth straight months – govt Wage growth lags surging cost-push inflation Policymakers seek wage growth to support inflation BOJ action may...
BOJ to raise forecasts for key inflation gauge – sources
BOJ likely to raise 2022, 2023 ‘core-core’ price forecasts Board may slightly upgrade inflation forecast for fiscal 2024 Upgrade unlikely to trigger immediate rate hike...
ECB should avoid things that worsen the economy, Italy PM says
ROME, Dec 29 (Reuters) – Italy’s Prime Minister Giorgia Meloni on Thursday said the European Central Bank should avoid making “pejorative choices” and communicate well...
Australia’s sovereign wealth fund buys gold, commodities as shadow of 1970s looms
SYDNEY, Dec 19 (Reuters) – Australia’s A$200 billion ($134.28 billion) sovereign wealth fund is increasing exposure to gold, commodities, private equity and infrastructure as it...
BOJ Kuroda dismisses near-term chance of exiting easy policy
BOJ’s decision to widen yield band not step toward exit – Kuroda Kuroda projects higher wages, change in price-setting behaviour Fate of joint statement decided...
Gold jumps to six-month high on China reopening optimism
Gold rises to highest level in half a year (.DXY) down 0.2% Benchmark 10-year yields reach highest level since Nov. 15 China to drop quarantine...
Japan’s consumer inflation hits fresh 40-year high, eyes on BOJ policy
Nov core CPI up 3.7% yr/yr, matches forecast Data shows broadening price hikes, wage outlook key Analysts project upgrade to BOJ’s quarterly price f’casts Some...
‘The worst is yet to come’: the curse of high inflation
Dec 8 (Reuters) – Globally, people are experiencing inflation at levels not seen for decades as prices surge for essentials like food, heating, transport and...
China’s producer prices fall, consumer inflation slows on soft demand
PPI falls for a second month Nov PPI -1.3% y/y vs -1.3% y/y in October Nov CPI +1.6% y/y vs +2.1% y/y in October BEIJING,...
German economy ministry calls for joint EU response to U.S. inflation act
BERLIN, Dec 9 (Reuters) – Germany wants a joint European response to the U.S. Inflation Reduction Act that would involve simplifying rules on state support...