(Bloomberg) -- Bank of Japan board members discussed the possibility of pursuing a faster pace of policy normalization amid ongoing risks that the weak yen’s...
-- Bank of Japan board members discussed the possibility of pursuing a faster pace of policy normalization amid ongoing risks that the weak yen’s effect on inflation might force a response by the bank, according to minutes from the April policy meeting.Stocks Rise as Bullish Nvidia Call Boosts AI Trade: Markets Wrap
Some central banker opinions signaled the need to raise rates at the right time or even conduct an insurance hike to preempt the need for the sort of rapid pace of increases seen in the US and Europe in recent years. One complication is Japan’s lackluster recovery. The economy shrank in the first three months of this year, the second contraction in three quarters with consumer spending falling due partly to inflation.
Steve Ballmer was hired as Bill Gates' assistant in 1980, became Microsoft CEO in 2000, and retired a decade ago with a hugely valuable 4% stake.The Canadian dollar edged higher against its U.S. counterpart on Monday as investors awaited further insight into the Bank of Canada's move to cut interest rates and after speculators raised their bearish bets on the currency to a record high level.
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