All the day’s economic and financial news, including rolling coverage of the European Central Bank’s monetary policy meeting
- Introduction: It’s ECB Day!
- Bank of Japan pushes back inflation target (again)
- Coming up: UK retail sales at 9.30am BST
Overnight, the Bank of Japan has decided to maintain its huge stimulus programme – and admitted that it is struggling to get inflation up.
“Recent price developments have been relatively weak, as companies remained cautious in raising wages and prices.
“Risks to the economy and price outlook are skewed to the downside.”
BOJ delays inflation target for sixth time https://t.co/aYdqGhXag8
Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.
Euro currency traders are keen to hear Mario Draghi’s words on Thursday https://t.co/YyVwHUXs3K pic.twitter.com/UIfWWjrHGG