Bloomberg African central banks have joined the global wave of emergency meetings and unusual measures to cushion their economies against the impact of the coronavirus pandemic. While many of the central banks in the region target inflation and have to prop up volatile currencies, they’ve also used non-traditional policy tools in addition to aggressively cutting interest rates to salvage economic ...

Bloomberg The Bank of Japan (BOJ) set itself up to buy more bonds in the key 5-to-10 year maturities, showing an intent to maintain yield-curve control amid growing expectations of further debt-fueled stimulus from the government. The central bank offered to buy 350 billion yen ($3.2 billion) of the tenor on Monday, the same as the previous regular operation. That’s ...

Bloomberg The most dramatic contraction in civil aviation history poses a challenge for Airbus SE in how to balance its response. Factories that churned out aircraft in record numbers before the coronavirus crisis face an unprecedented production cut. But retreating too far risks leaving the company wrong-footed in a rebound and diluting its advantage over Boeing Co. Airbus warned last ...