Tag: inflation
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Raising the minimum wage has been a big political winner. Now it’s running into resistance
Raising the minimum wage has been a progressive policy winner at the ballot box, but recent losses suggest an economic mood slowing its political momentum.
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Bank of Russia flags risks of faster inflation
Analysts and businesses had expected a sharper key rate cut, but inflationary risks are holding back monetary easing, which the Russian regulator gingerly links to the war.
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Massive bonuses for South Korea’s chip workers puts central bank on inflation alert
Workers from tech industries receive bonus worth millions of won, prompting the Bank of Korea to warn of the upward pressure to inflation.
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BOJ may raise interest rates twice by March, says ex-BOJ policymaker
TOKYO, June 19 : The Bank of Japan may raise interest rates twice by the end of the current fiscal year, after making a landmark shift in its policy focus toward mounting inflation risk, former board member Makoto Sakurai said on Friday.The central bank justified Tuesday’s decision to raise its short-term pol
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BOJ flags risk of inflation overshoot, signals rate-hike intent
TOKYO, June 19 : Bank of Japan Deputy Governor Ryozo Himino on Friday said inflation could overshoot the bank’s 2 per cent target and flagged the cost of being too late in raising interest rates, signalling resolve to continue pushing up borrowing costs.The remarks reinforce market expectations the BOJ will r
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Japan’s May core inflation stays below BOJ target, fuel-induced rise eyed
TOKYO, June 19 : Japan’s annual core inflation stayed below the central bank’s 2 per cent target for a fourth straight month in May, data showed on Friday, as fuel subsidies offset rising raw material costs from the Middle East conflict.Analysts expect consumer inflation to re-accelerate in coming months and
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Japan core inflation holds steady in May, matching expectations despite energy price concerns
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuAn employee at the Celsior Wadamachi supermarket in Yokohama, Japan, on Thursday, Jan. 15, 2026. Soaring food costs are a key component driving
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Iran peace not stopping central banks from raising borrowing costs
FRANKFURT/TOKYO, June 18 : The Iran war-induced inflation surge is becoming too much for central banks around the world to simply look past and a string of them, led by the U.S. Federal Reserve, have either raised borrowing costs or signalled likely moves to tame price growth.Conflict in the Middle East has p
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Bank of England holds interest rate at 3.75% as inflation steadies
The Bank of England left its key interest rate unchanged at 3.75% for a fourth consecutive meeting after fresh data showed inflation holding steady and the labour market continuing to cool without a sharp deterioration.
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Philippine central bank raises policy rate by 25 basis points
MANILA, June 18 : The Philippine central bank raised its key interest rate by 25 basis points for a second time in a row on Thursday and left the door open to additional tightening as inflation pressures remain strong.Governor Eli Remolona said the central bank would consider larger rate increases, including
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