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SemaforAsian economies have demonstrated resilience following the energy disruption caused by the Iran war, according to a Goldman Sachs report. This is attributed to improved energy efficiency and faster electrification of transport. However, the Bank of Japan anticipates higher inflat…
Bank of Japan Governor Ueda stated that the current energy-driven shock is increasing prices while negatively affecting growth. He noted that the appropriate response would depend on the shock's duration and prevailing economic conditions. The comments highlight ongoing challenge…