Bank of Japan scraps negative rate policy in first hike since 2007 March 19, 2024 The Bank of Japan (BOJ) has delivered a seismic announcement, slamming the brakes on its negative interest rate policy—a bold departure from its long-standing stimulus measures.
FTSE 100 today: London markets set for quiet kickoff ahead of data-heavy week March 19, 2024 Markets saw volatility as Japanese stocks fluctuated following the Bank of Japan's decision to scrap negative interest rates, leading to a weaker yen. Meanwhile, Australia's central bank maintained rates at 4.5 per cent, with focus shifting to upcoming policy decisions from the US Federal Reserve and the Bank of England.
Nudge unit: Clearer consumer information could boost UK productivity and add up to £23bn to GDP March 18, 2024 The paper, published by the Behaviour Insights Team (BIT), found that giving consumers clearer information could improve productivity and boost growth.
UK economy continues to bounce back as most sectors return to growth, new survey shows March 18, 2024 "Growth is continuing to spread to more and more parts of the UK economy as conditions improve," Nikesh Sawjani said.
Moving markets: Five things shaping the FTSE 100 today March 18, 2024 Asian shares climb on strong Chinese data, while oil prices surge amid geopolitical tensions. Vladimir Putin wins 88 per cent of votes in an election devoid of opposition candidates. Major central banks take centre stage this week with pivotal decisions ahead.
China’s economic activity starts strong in 2024, though property market remains a challenge March 18, 2024 China's industrial output and retail sales surpassed expectations in early 2024, offering policymakers a needed lift amid a lingering property market downturn.
Central banks in focus this week as policymakers weigh up interest rate cuts March 17, 2024 Major central bank are set to dominate the headlines this week as they prepare to make decisions on interest rates that will determine borrowing costs around the world.
The Power of Capitalism: It’s easy to forget just how radical Margaret Thatcher was March 17, 2024 Margaret Thatcher's radicalism changed Britain more than we recognise even today, argues Rainer Zitelmann in his latest guest essay on the power of capitalism
Bank of England to cut interest rates in June, economists forecast March 17, 2024 The Bank of England is set to start cutting interest rates in June, according to a City PM poll of top economists, as inflation nears its target, the labour market cools and the UK takes its first steps out of recession.
Japan funds boom as stock market hits record high March 16, 2024 The Japanese stock market reached a 34-year high last month, and investors in the Asian market are getting the best news they’ve heard in decades. The Japanese Nikkei 225 has risen 42.5 per cent over the last year, compared to the 1.2 per cent growth in the FTSE 100 over the same period. Last month, [...]
