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Tag: deepening

June 8, 2020News

Japan's economy minister warns against deepening negative rates

Japan should focus on back-stopping struggling businesses rather than trying to spark overall demand in fighting the coronavirus pandemic, its economy minister said, suggesting the central bank should avoid pushing interest rates deeper into negative territory.

April 16, 2020News

U.S. weekly jobless claims seen underscoring deepening economic slump

Millions more Americans likely sought unemployment benefits last week, lifting total filings for claims over the past month above an astounding 20 million, which would underscore the deepening economic slump caused by the novel coronavirus outbreak.

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