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Economy

A collection of news and information related to Economy published by this site and its partners.

Top Economy Articles see all

Displaying items 1-5
  • Japan government trims economic growth estimate for this year

    TOKYO (Reuters) - Japan's government slightly lowered its growth forecast for the current fiscal year due to sluggish exports and a drop in demand after the April sales-tax hike, but the forecasts were largely in line with the Bank of Japan's projections.
  • BOJ says inflation to stay above 1 pct despite cut in GDP forecast

    SHIZUOKA Japan (Reuters) - Bank of Japan Deputy Governor Hiroshi Nakaso said the country was eyeing an end to deflation as rising wages and inflation expectations allow companies to increase prices of their goods, signalling confidence over a sustained...

    The inflation alarms are still false

    The inflation alarms are still false
    There is a point at which firmness of conviction becomes obstinacy, and there is a point at which obstinacy becomes comedy. The latter was on spectacular view the other day when a prominent inflation hawk self-destructed on national TV. Chicago-based...

    Yellen defends Fed independence, faces House Republican criticism

    WASHINGTON (Reuters) - Federal Reserve Chair Janet Yellen defended the central bank's independence on Wednesday at a U.S. congressional hearing, handling tough questions from Republican lawmakers who want to rein in the Fed's authority. Yellen's...

    China June bank loans beat expectations as Beijing steps on the gas

    BEIJING (Reuters) - Beijing stepped up efforts to re-energise China's economy in June and avert a sharper slowdown, pumping more money into the system and pressing banks to extend more loans, but analysts say more stimulus will be needed to ensure a...