Tag : private consumption

Business

Bank of Korea holds 2.5% rate and rolls out dot plot

manamalive.com
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of...
Japan’s GDP grows 0.9% in Q3, boosted by consumer spending gains
Business

Japan’s GDP grows 0.9% in Q3, boosted by consumer spending gains

manamalive.com
Japan’s GDP grew 0.9% in Q3, supported by consumer spending driven by tax cuts and bonuses. Domestic demand offset external pressures, showcasing the resilience of Japan’s economy....