
BOJ's Ueda Stresses Caution on Monetary Policy at G20, Reiterates Bond Buying Flexibility
During a recent meeting of G20 finance ministers and central bank governors, Kazuo Ueda, the Governor of the Bank of Japan (BOJ), emphasized the need for cautious approach regarding the country’s monetary policy amid prevailing global economic uncertainties. His comments come amid ongoing discussions about potential adjustments to the long-standing ultra-loose monetary policy, which has been a cornerstone of Japan's economic strategy for years.
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UK Government Moves to Trim Financial Safety Net Amid Rising Economic Pressures
In a recent development that is capturing attention across financial circles, the UK government has decided to reduce the cash buffer it maintains to protect against potential losses stemming from its extensive bond-buying program. This decision is being viewed as a significant response to shifting economic conditions and the ongoing challenges faced by the country's fiscal strategy.
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