Roundup: Japan s Nikkei ends slightly higher as yen s drop lifts exporters japanherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japanherald.com Daily Mail and Mail on Sunday newspapers.
The first half of 2023 was characterized by economic growth surprising to the upside, but also inflation proving stickier than expected. As such, when policymakers from around the world gathered in Sintra this week for the ECB's Forum on Central Banking, it was no surprise that (aside from Bank of Japan), central banks maintained a tightening bias towards H2.
The chief of the Bank of Japan on Wednesday defended its policy of continuing with monetary easing as the yen briefly fell to a seven-and-a-half month low against the U.S. dollar in New York the same day.