Aug 4, 2016

U.K. central bank unveils stimulus to counter Brexit jitters

The Bank of England has unveiled a series of stimulus measures, including its first interest rate cut since the global financial crisis, as it tries to jump-start an economy shocked by Britain's vote to leave the European Union. The central bank cut its key rate ...

Kuroda leads BOJ to a policy crossroads

Jul 30, 2016

Kuroda leads BOJ to a policy crossroads

by and

After more than three years of pumping out cheap money that has failed to secure its inflation target, the Bank of Japan has signaled a rethink. Instead of buying yet more government bonds, cutting interest rates or pushing further into uncharted territory, the BOJ disappointed ...

Mar 10, 2016

European Central Bank surprises with strong stimulus action

The European Central Bank cut all its main interest rates, expanded its bond-buying stimulus program, and offered new cheap loans to banks, making an unexpectedly aggressive effort to boost inflation and economic growth in the 19 countries that share the euro. The steps on most ...

/ Nov 21, 2014

LDP, Komeito each finalize emergency stimulus package

The ruling Liberal Democratic Party and its junior partner, Komeito, have finalized their respective emergency economic stimulus packages, both centering on steps to bolster domestic demand that has been sluggish since the April 1 consumption tax hike. The packages include measures to invigorate regional economies ...

Aug 13, 2014

Homebuyers in Japan seen at risk amid floating-rate loan rush

Japanese homebuyers are piling into floating-rate mortgages, stirring debate over whether they are too complacent as Bank of Japan stimulus revives inflation. The proportion of home loans with adjustable rates climbed to 42.8 percent of Japan's new lending in February, the highest since December, according ...