In February, Japan’s core inflation saw an increase, with the core consumer price index rising by 2.8% from a year earlier. This growth was in line with the median forecast of the market and was largely attributed to the base effect from the launch of energy subsidies the previous year. However, a closer look reveals
Economy
Recently, Turkey and the Gulf Cooperation Council (GCC) have taken a significant step towards strengthening their economic ties by signing a deal to initiate negotiations for a Free Trade Agreement (FTA). This move comes after years of strained relations and signals a new era of diplomatic relations between Turkey and Gulf countries, particularly the United
Euro zone banks are currently facing a variety of challenges that require them to adjust how they manage risk. With the end of ultra low interest rates and the emergence of non-traditional competitors, banks need to be prepared for potential disruptions in the market. The European Central Bank’s top supervisor, Claudia Buch, emphasized the need
The deputy governor of China’s central bank recently emphasized that there is still ample monetary policy room to deliver further cuts to banks’ reserve requirement ratio (RRR). This highlights the ongoing market expectations for more easing measures to support and strengthen the economy. The PBOC announced a significant 50-basis points cut in RRR in January,