by Teuvo Tuomi | Aug 2, 2024 | Asia, Business, Economy, Japan, News
The Bank of Japan has decided at a monetary policy meeting to raise its short-term interest rate target to about 0.25%. This is the second increase this year. Bank of Japan Gov. Kazuo Ueda indicates the interest rate could be flexibly hiked in line with economic...
by Teuvo Tuomi | Apr 26, 2024 | Indonesia, Business, Economy, News
Bank Indonesia (BI) has raised its key interest rates in what it calls a “preemptive measure” in light of global risks caused by the uncertain outlook for monetary policy in the United States and geopolitical tensions. The central bank lifted the benchmark BI Rate by...