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Bank of Japan policy board member Toshiro Asada: Private consumption has not shown strong growth momentum.

2026-11-12

Bank of Japan policy board member Toshiro Asada: Private consumption has not shown strong growth momentum.

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2026-11-12

The Houthi rebels in Yemen attacked King Khalid Airport in Riyadh with three cruise missiles.

The Houthi rebels in Yemen attacked King Khalid Airport in Riyadh with three cruise missiles.
2026-11-11

The National Institute of Economic and Social Research said on Wednesday the Bank of England would need to raise its policy rate to roughly 5% to successfully curb inflation within three years. Last week the BoE raised its rate from 3.75% to 4%—its f

The National Institute of Economic and Social Research said on Wednesday the Bank of England would need to raise its policy rate to roughly 5% to successfully curb inflation within three years. Last week the BoE raised its rate from 3.75% to 4%—its first hike in over three years—and signaled a possible further rise while opposing market pricing of a 5% terminal rate. NIESR said pricing investors larger hikes were justified and policymakers may be moving too slowly. It forecasts inflation will peak at 4.4% YoY in February; if the BoE raises to 4.25% then holds, inflation would not return to the 2% target until 2030.
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