Bloomberg Bank of Japan (BOJ) Governor Haruhiko Kuroda won’t change his ultra-low interest rate policy in the coming quarters, even though he’ll come under political pressure to do so over the weak yen, according to one of the country’s former chief currency officials. “The political pressure from the people, parliament and media is going to be a bit higher,” said Hiroshi ...

  Bloomberg China’s central bank vowed to boost confidence and provide more effective support to the economy, amid mounting growth pressure from the country’s worst Covid-19 outbreak since Wuhan. The People’s Bank of China (PBOC) reaffirmed it will step up the magnitude of monetary policy and make it more forward-looking, targeted and autonomous, according to a statement. The central bank ...

  Bloomberg The European Central Bank (ECB) is right to press forward with its plan to normalise monetary policy even as the war in Ukraine creates “elevated uncertainty,” executive board member Isabel Schnabel said. “Continuing the path of policy normalisation is therefore the appropriate course of action,” Schnabel said in a speech in Cernobbio, Italy. “The speed of normalisation, in ...