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Bank of Japan Governor Kazuo Ueda: We will closely monitor economic and inflation trends at each meeting.

2026-10-30

Bank of Japan Governor Kazuo Ueda: We will closely monitor economic and inflation trends at each meeting.

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2026-10-30

An ECB official, Siegmann, said the bank could raise rates as soon as its next policy meeting and called gradual monetary tightening appropriate. He said the energy shock has lasted longer than expected and the euro area is now in the ECB’s adverse f

An ECB official, Siegmann, said the bank could raise rates as soon as its next policy meeting and called gradual monetary tightening appropriate. He said the energy shock has lasted longer than expected and the euro area is now in the ECB’s adverse forecast scenario. Rising energy prices raise the risk of higher inflation while weighing on growth; higher bond yields and falling equities reflect tighter financial conditions. Gradual rate increases, he argued, help preserve policy space. The ECB remains committed to stabilizing medium-term inflation at 2% and will set rates based on incoming data, inflation expectations and the risk environment. He added that prolonged conflicts in the Middle East and Ukraine pose downside risks to growth. The Croatian central bank expects national growth of about 2.5% this year, roughly three times the euro-area average.
2026-10-30

The National Development and Reform Commission and other departments issued Guidance on Strengthening Consumption Infrastructure to Promote Healthy Interaction Between Consumption and Investment. The guidance directs upgrades to tourist scenic areas

The National Development and Reform Commission and other departments issued Guidance on Strengthening Consumption Infrastructure to Promote Healthy Interaction Between Consumption and Investment. The guidance directs upgrades to tourist scenic areas and supporting infrastructure, renovation of public-service facilities, and measures to improve convenience and comfort. It encourages museums, theaters and cinemas to add consumer-service facilities and expand consumption formats; calls for quality upgrades of cultural‑tourism consumption clusters and for enhancement of cultural‑tourism complexes, self‑drive RV campgrounds, campsites and study‑tour bases by improving rest, dining and other supporting facilities to broaden leisure, holiday and parent‑child consumption scenarios. The guidance also calls for upgrades to tourist trains.
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