e17b4bb8f8f3666ac6ed7fdaea26b8ac69de05bf

Yen, Japan equities rise as Japan cuts growth forecast

Japan's benchmark Nikkei stock index ended 0.78% higherJapan’s central bank on Friday slashed its growth forecasts and put back an inflation timetable as the country’s economy stutters, but its decision to hold off any fresh stimulus sent the yen up and Tokyo stocks rallying. Economists had come to a broad consensus the Bank of Japan would lower its expectations for the world’s number three economy following a string of weak data, including on trade, manufacturing and investment. The decision not to further loosen monetary policy came after the European Central Bank indicated it could ramp up its own programme in December while China last week slashed interest rates for a sixth time in a year.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 5 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article