Bond Purchases to be raised by Bank of Japan as Kuroda takes over control


The newly appointed Governor Haruhiko Kuroda has begun initiatives to end 15 years of deflation by doubling the quantity of monthly bond purchases to reach 2 percent inflation within two years. As Kuroda presided over his first meeting since swearing in the office last month, the board today rationalized its asset purchase programs and temporarilyContinue reading “Bond Purchases to be raised by Bank of Japan as Kuroda takes over control”

Wholesale prices in US increases 0.2% due to higher food prices


  Wholesale prices in US have risen after a period of four months making food and pharmaceuticals dearer. The increase of 0.2 percent in producer-price index was reported by the report of Labor Department in Washington. In the median estimate survey conducted by Bloomberg assigned 74 economists projected 0.3 percent increase. Core producer costs excludingContinue reading “Wholesale prices in US increases 0.2% due to higher food prices”