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Bank of Japan keeps interest rates unchanged
Bank of Japan keeps interest rates unchanged
by  AFP

The Bank of Japan kept interest rates on hold Thursday at 0.5 percent, warning of lingering economic "high uncertainties" linked to US trade tariffs. "High uncertainties still remain regarding the impact of trade and other policies on economic activity and prices at home and abroad," the BoJ said in a statement following the decision.

With inflation under control, ECB to hold rates steady again
With inflation under control, ECB to hold rates steady again
by  AFP

The European Central Bank is expected to keep interest rates unchanged for its third straight meeting Thursday with inflation hovering around its target and the eurozone economy holding up. Jose Luis Escriva, Spain's central bank chief and a member of the ECB's rate-setting governing council, told El Diario newspaper in a weekend interview that the "current level of interest rates is appropriate".

Asia stocks muted with all eyes on Trump-Xi meeting
Asia stocks muted with all eyes on Trump-Xi meeting
by  AFP

Asian stocks were subdued Thursday morning, with investors closely watching talks between the leaders of the United States and China for potential breakthroughs to defuse a damaging trade war. Main benchmarks were nearly flat during Thursday morning trading in Tokyo, Shanghai and Sydney.

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