The European Central Bank left interest rates at a record low on Thursday, holding off fresh action for now while it assesses whether it needs to respond to cost-of-living numbers weak enough to raise concerns about deflation. The decision to hold the main rate at 0.25 percent, which was widely […]
Tag: Deflation
Yen under pressure, Asian stocks subdued
The yen plumbed a 2-1/2 year low against the dollar on Monday, grabbing the Asian spotlight amid subdued trading for the region’s stock markets, with the focus on Japan’s central bank as it faced unrelenting political pressure to deliver bold stimulus. Prime Minister Shinzo Abe on Sunday said the Bank […]
