Article
BOJ Keeps Rates On Hold In Rare 6-3 Vote Split As It Warns Of Looming Stagflation
BOJ Keeps Rates On Hold In Rare 6-3 Vote Split As It Warns Of Looming Stagflation
In the first G5 central bank announcement of the week, overnight the Bank of Japan held its benchmark interest rate in a 6-3 vote, despite forecasting a sharp rise in inflation as the war in the Middle East sends commodity prices higher and clouds the global economic outlook while testing Japan's given its exposure to rising energy prices.
While the decision on Tuesday to keep rates at about 0.75% was in line with market expectations,...
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Time to Pull the Plug On Trump and Netanyahu
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'Cautious Optimism' Amid Stalemated Pakistan Talks, Even As Iran FM Insists No Meeting Planned With US Side
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Summary
Iran denies that FM Abbas Araghchi's trip to Pakistan will include new talks with US, rejecting reports that Trump is sent his negotiating team to restart negotiations.
24/7 shuttle diplomacy (via Al Jazeera): There’' been shuttle diplomacy, and as one diplomat said, it's been relentless diplomacy that has been put forward by Pakistan from all sides.
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Pakistani mediators are "cautiously optimistic" despite it being clear...
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