BOJ to keep rates steady, cut growth forecasts
The Bank of Japan is likely to keep interest rates steady and cut its growth forecasts on Thursday, as uncertainty surrounding U.S. tariffs clouds the outlook for the world’s fourth-largest economy. But the central bank is likely to project inflation to stay roughly on course to hit its 2% target in coming years, a sign…
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Trump’s ‘Liberation Day’ tariffs wipe $5 trillion off Wall Street
Bears, fears and tears One of the most pivotal weeks in years – even decades – for the global economy closed on Friday to the sound of the Nasdaq crashing into a bear market as investors fear U.S. President Donald Trump’s trade war will tip the world into recession. Less than 48 hours after Trump…
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