Central Banks Tiptoe on Rates
Bank of Japan, govt clash over deflation response
TOKYO (Reuters) - The Bank of Japan upgraded its economic assessment on Friday, setting itself up for a confrontation with a government pressing for a policy response to deflation and a possible return to recession. Full Article
OECD sees Fed, ECB rates on hold into late 2010
PARIS (Reuters) - The world's key central banks will not need to start raising policy interest rates until late 2010 due to low inflation and economic slack, and can then proceed gradually, the OECD said in a report published on Thursday. Full Article
Taiwan c.bank watches hot money, to keep forex order
TAIPEI (Reuters) - Taiwan's central bank will watch an estimated T$350 billion ($11 billion) in speculative "hot money" even after some foreign fund outflows, and will maintain order in its foreign exchange market to curb speculation, Governor Perng Fai-nan said. Full Article
MORE NEWS
BOJ's Shirakawa: Will keep very low interest rates
TOKYO (Reuters) - Bank of Japan Governor Masaaki Shirakawa said on Friday there is no big gap in the views of the central bank and the government that the country is experiencing sustained price falls. Full Article
EDITOR'S CHOICE
APEC SUMMIT - SINGAPORE
China's Hu prods West on trade, barriers
Chinese president calls for an end to "unreasonable" trade restrictions on developing countries, just days ahead of a U.S. presidential visit to his country. Full Article
EDITOR'S CHOICE
Markets & Currencies
American Recession
A trip through the epicenters of the American recession. Full Coverage
The Lighter Side
With the recession unofficially over, Reuters takes a look at some of the humorous moments it produced. Slideshow
