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BUSINESS
Economic News
Apple’s $3 Trillion Milestone: Growth, Innovation, and Looming Challenges
May 21, 2025, 11:40 am EDT
Soaring Vegetable and Fruit Prices in the US in 2025 Spark Concerns
April 22, 2025, 2:59 pm EDT
Bitcoin Hits New All-Time High of $118,804.6, Driven by Policy Shifts and Institutional Inflows
July 21, 2025, 4:55 pm EDT
Replacing SWIFT? the new BRICS payment system is here!
August 29, 2024, 10:18 am EDT
China - Australia Trade Recovery Drives Growth in Australian Wine and Lamb Exports
May 13, 2025, 1:55 pm EDT
More in
BUSINESS
BOJ Warns of Food Price-Driven Inflation; U.S. Tariffs Could Severely Hurt Japan's GDP
Bank of Japan board member Junko Kotani warned on July 9 that surging prices of rice and other foodstuffs are intensifying inflationary pressures, urging vigilance against "second-round effects" that might lift household inflation expectations. Japan’s consumer inflation remains around 3%, but the BOJ’s weighted median inflation gauge—closely watched by policymakers—still lags below the 2% target. Kotani noted economic uncertainty makes it premature to pinpoint the next rate hike, with food prices a critical variable.
July 10, 2025, 2:53 pm EDT
Replacing SWIFT? the new BRICS payment system is here!
Replacing SWIFT? 159 countries have responded! The new payment system of the BRICS countries is on its way!
August 29, 2024, 10:18 am EDT
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