Central Banks Focus on Energy Shock Ahead of Rate Decisions
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Sree Kochugovindan, Senior Research Analyst at Aberdeen Investments, talks about the US economy and global central bank activity in a week of rate decisions. The Bank of Japan left its key interest rate unchanged in a split vote that boosted the chance of a June hike. But the weak yen saw only a brief respite as Governor Kazuo Ueda cast doubt on the economy’s outlook. The BOJ held its policy rate steady at 0.75% at the end of its two-day policy meeting Tuesday, according to a statement. The 6-3
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