BIS General Manager Pablo Hernandez de Cos warns that fiscal responses to Iran conflict could heighten inflation and challenge central banks’ efforts.
Fiscal policy response to Iran war risks worsening inflation: BIS chief
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North Korea reaps huge economic boost from Ukraine war
North Korea has received substantial foreign currency and energy supplies by supporting Russia’s invasion of Ukraine, boosting its economy amid ongoing tensions.
Japan suspected of near $30bn interventions in thin Golden Week trading
Japanese authorities are suspected of intervening in the currency markets with over $28 billion during Golden Week, amid yen-selling concerns.
