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Japan upgrades Q1 GDP on solid capex

Japan upgrades Q1 GDP on solid capex

© Reuters. FILE PHOTO: People wearing protective face masks walk on a pedestrian crossing, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan January 19, 2022. REUTERS/Issei Kato By Kantaro Komiya TOKYO (Reuters) – Japan’s economy grew more than initially thought in January-March, revised data showed on Thursday, as a post-pandemic pickup in domestic spending…

Australia’s central bank says hike this week due to inflation risks, warns more may come

Australia’s central bank says hike this week due to inflation risks, warns more may come

© Reuters. FILE PHOTO: Governor of the Reserve Bank of Australia (RBA) Philip Lowe attends the G20 Finance Ministers and Central Bank Governors Meeting in Nusa Dua, Bali, Indonesia, 16 July 2022. Made Nagi/Pool via REUTERS   MS +2.53% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your…

Expectations for Brazil’s long-term inflation to start easing -cenbank chief

Expectations for Brazil’s long-term inflation to start easing -cenbank chief

© Reuters. FILE PHOTO: Brazil’s Central Bank President Roberto Campos Neto attends a session of the Brazilian Senate in Brasilia, Brazil February 15, 2023. REUTERS/Adriano Machado BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said on Monday that long-term inflation expectations, which have long concerned policymakers, would start to decline and pointed to a clearer economic environment. “We still have a problem with…