TOKYO — The Bank of Japan is considering raising its inflation forecasts in January to show price growth close to its 2% target in fiscal 2024, Nikkei has learned, a
China’s gross domestic product exceeded than 120 trillion yuan ($17.4 trillion) this year, President Xi Jinping said, suggesting the economy grew at least 4.4% in 2022. GDP was 114.9 trillion
Inflation in Germany is predicted to stay elevated for another two years, a senior government adviser warned Saturday. “Inflation will also be an issue in 2024, and only thereafter will
Bitcoin (BTC) remains the most talked about and popular digital asset in the Web3 industry, given its price performance over the years. Major BTC investors have aired different opinions about the
A quiet week lies ahead for FX markets as the year draws to a close. The spotlight will fall on the Bank of Japan’s summary of opinions, which will add
US inflation continued to ease into the end of 2022 and expectations of future increases dropped, reinforcing hopes that the worst bout of price pressures in a generation has finally
Federal Reserve officials, hammering home an unapologetically hawkish message, said that they won’t relent on tighter policy until inflation is under control. New York Fed President John Williams, San Francisco
The total cryptocurrency market capitalization dropped 8.1% in the past two days after failing to break the $880 billion resistance on Dec. 14. The rejection did not invalidate the 4-week-long
The central bank torch will pass to the Bank of Japan next week. Even though the consensus is for no policy changes, the prospects for the yen have started to
China’s economic output is likely to exceed 120 trillion yuan ($17.2 trillion) this year, state media quoted a senior Chinese Communist Party official as saying on Saturday. COVID-induced disruptions, weaker