Fed's Hammack: Inflation is too high; labor market around my level of max employment

Japan’s Prime Minister Takaichi says the government will promote investment in domestic financial assets, including by households and pension funds like GPIF. TAKAICHI: ENCOURAGING GPIF INVESTMENT IN JAPAN ASSETS IS KEY TAKAICHI: GPIF INVESTING IN DOMESTIC ASSETS WOULD HELP ECONOMY

Japan’s Finance Minister says monetary policy remains the responsibility of the BOJ. Japan’s Finance Minister Katayama says rates are set by market movements.

International and domestic gold prices recorded a sharp decline in June. The international price2 fell by more than 11% to around US$4,000/oz, its lowest level since October, while domestic price3 declined by around 10% to near INR141,000/10g, a six-month low. Although prices have recovered marginally since then, international gold price remains nearly 7% ...