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Japan Takes Another Step Away From Easy Money
Posted inBank of Japan Banking and Financial Institutions Currency Economic Conditions and Trends Government Bonds Interest Rates Japan

Japan Takes Another Step Away From Easy Money

The Bank of Japan said it would be more flexible in how it manages government bond yields, citing rising inflation.
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Posted by By Rich Barbieri and Joe Rennison
Halloween Shoppers Not Spooked as Economic Slowdown Remains Elusive
Posted inCompany Reports Consumer Behavior Halloween Inflation (Economics) Interest Rates Shopping and Retail United States Economy

Halloween Shoppers Not Spooked as Economic Slowdown Remains Elusive

From apple picking to skeleton cows, early seasonal spending seems solid. It’s the latest sign that Federal Reserve policy to combat inflation hasn’t tanked growth.
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Posted by By Jeanna Smialek and Jordyn Holman
Consumers Kept Spending in September, as Inflation Held Steady
Posted inConsumer Behavior Federal Reserve System Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy

Consumers Kept Spending in September, as Inflation Held Steady

Overall inflation stayed at 3.4 percent in September, down from a peak of around 7 percent.
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Posted by By Jeanna Smialek
Russia’s Central Bank Raises Rates to 15 Percent to Curb Inflation
Posted inBanking and Financial Institutions Economic Conditions and Trends Inflation (Economics) Interest Rates Russian Invasion of Ukraine (2022)

Russia’s Central Bank Raises Rates to 15 Percent to Curb Inflation

The jump, from 13 percent, would bring a long period of “tight monetary conditions” in order to ease price pressures, the bank said.
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Posted by By Ivan Nechepurenko

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