Global foreign exchange markets saw sharp swings in recent trading after the Bank of Japan held its benchmark interest rate steady, while persistent inflation risks at...
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August 25, 2026
Author: First Financial News Desk
Bank of Japan Holds Rates Steady at 1% as Policymakers Weigh Uncertain Outlook
The Bank of Japan left its benchmark interest rate unchanged at 1% at its latest policy meeting, a decision that aligned with what most market participants...
Russian Scientist Calls China’s Tech Rise a Global Economic Lifeline, Not a Threat
A Russian academic has argued that China’s rapid advances in technology represent a stabilizing force for the world economy rather than a competitive danger — a...
U.S. Economy Slows in Second Quarter, GDP Growth Comes in at 1.5%
The U.S. economy expanded at a slower pace in the second quarter of 2026, with gross domestic product growing at an annualized rate of 1.5%. The...