The Bank of Japan will not hesitate to ease its monetary policy further if there is a greater possibility that the momentum towards achieving the 2 percent inflation target is lost, Governor Haruhiko Kuroda said on Thursday. When the central Read More →
The International Monetary Fund said India has limited room for fiscal stimulus and stressed the need for fiscal consolidation as it has one of the highest debt among the emerging markets. The IMF staff estimated that India's public sector needs Read More →
A few members shared the view that the bank should not only conduct monetary policy but also enhance its cooperation with the government in terms of economic policies and prepare for the next economic downturn, the minutes of the policy Read More →
The U.S. dollar recovered well after a weak start on Thursday, but swung between gains and losses till the end of the day as traders looked ahead to the crucial GDP data, due on Friday.Original ArticleRead More →