ECONOMY & MARKETS

A man wearing a protective mask walks past the Church of St. Louis of the French (San Luigi dei Francesi) in Rome on March 1, 2020

Bank Of Japan Board Reshuffle Brings In Less Dovish Member

The Bank of Japan has reshuffled its board and brought in a new member seen as more keen to end ultra-low interest rates than his dovish predecessor, potentially tilting the board away from Governor Haruhiko Kuroda's aggressive monetary easing policy.

Bank Of Japan Board Reshuffle Brings In Less Dovish Members

A man wearing a protective mask walks past the Church of St. Louis of the French (San Luigi dei Francesi) in Rome on March 1, 2020
The Bank of Japan's two new policymakers said on Monday the central bank needs an exit strategy from its massive stimulus, a sign the board's balance could tilt in favour of a withdrawal of Governor Haruhiko Kuroda's radical monetary easing.
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Customers walk past vegetables on a makeshift stall in a market in Mexico City, Mexico April 8, 2022.

Mexico's Inflation Higher Than Expected In Early July

Mexican consumer prices rose higher than expected in early July, official data showed on Friday, boosting expectations of further interest rate hikes as the central bank struggles to tame stubbornly high inflation.
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S&P 500, Nasdaq Fall As Social Media Stocks Drag

The S&P 500 and the Nasdaq fell on Friday as social media and ad tech firms led declines after dismal quarterly revenue from Twitter and Snap, while an upbeat forecast from American Express kept the Dow afloat.
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Social Media Stocks Set To Weigh On S&P 500, Nasdaq At Open

The S&P 500 and the Nasdaq headed for a lower open on Friday as social media and ad tech firms led declines after dismal quarterly revenues from Twitter and Snap, while an upbeat forecast from American Express looked set to boost the Dow.

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