Japan's central bank pulled the plug Tuesday on its ultra-aggressive monetary stimulus programme, hiking rates for the first time since the global financial crisis.The Bank of Japan's outlier policy of negative rates and massive asset purchases was aimed at jump-starting economic growth and price rises after the "lost decades" of stagnation and deflation.But on Tuesday, following months of speculation, the BoJ finally changed its policy rate range from -0.1 percent to between zero and 0.1...
Shift makes Bank of Japan the last central bank to end negative rates in move that has ‘a lot of symbolic significance’ according to analystsJapan’s central bank has ended eight years of negative interest rates, in an overhaul of one of the world’s most aggressive monetary easing programmes that sought to encourage bank lending and spur demand.In its first interest rate hike in 17 years, the Bank of Japan [BOJ] said it was lifting its short-term policy rate from -0.1% to between zero and 0.1%,...
World's population to fall for first time since Black Death (Third column, 10th story, link) Related stories:Fertility rates keep plummeting
The Oregon State women head to to their fifth Sweet 16 under head coach Scott Rueck and will try to upset 2-seeded Notre Dame this week for a chance at their first Elite Eight since 2018.
Out of the more than 140 nations surveyed, the U.S. landed in 23rd place, compared to 15th place in 2023.
World Happiness Report reveals country dropped from 15th to 23rd place, driven in part by a decline in happiness among young peopleThe US has fallen out of the top 20 happiest countries to live in for the first time ever, according to a new report.In findings released on Wednesday, the World Happiness Report revealed that the US has slid from its 15th place last year to 23rd place this year. Continue reading
Japan’s central bank raised interest rates on Tuesday for the first time since 2007, ending the world’s last negative rates regime on early signs of robust wage gains this year. The BOJ raised its short-term interest rates to around 0% to 0.1% from -0.1%, according to its statement at the end of its two-day March policy meeting. Japan’s negative rates regime had been in place since 2016. The BOJ also announced the abolition of its radical yield curve control policy for 10-year Japanese...
The World Happiness Report 2024 gave Finland, home to 5.5million people, the top spot for the seventh year running, with a score of 7.74 out of 10 whilst Afghanistan was unhappiest nation at 1.72.
Warren Gatland's Wales side are on a run of four straight defeats in 2024. Wales will finish bottom of the Six Nations standings if they don't beat Italy. Josh Adams is keen for Wales to show their ruthless side in their final game
Christine Quinn has emerged publicly for the first time since her husband Christian Richard's shock arrest in connection with a domestic violence incident involving their son last week.While arriving to a perfume event in Los Angeles, the Selling Sunset star, 35, looked as glamorous as ever in a beaded nude gown, complete with feathers on the bottom, a corset-style bodice and racy slit. Despite navigating her marital woes and having to file a request for a restraining order against her estranged...
Christine Quinn has emerged publicly for the first time since her husband Christian Richard's shock arrest in connection with a domestic violence incident involving their son last week.
Luis Napoles, 40, is pictured for the first time by DailyMail.com since gunning down Meghan Moore, 25, and Sidney Capolino, 23, in Miami on March 16. The gunman, who later took his own life, was a dad-of-two who had a troubling history of debts, substance abuse and domestic violence. Cops had described Meghan as Napoles's 'girlfriend' and suggested he was living with the two women, but friends dispute that and say he was stalking her