Showing posts with label consumer inflation. Show all posts
Showing posts with label consumer inflation. Show all posts

Thursday, October 10, 2013

Bank of Japan sees global damage if U.S. debt ceiling is not raised

MATSUE: Global stocks could plunge and long-term interest rates rise, dealing a severe blow to the global economy, if U.S. politicians do not reach a deal to raise their debt ceiling by mid-month, Bank of Japan Deputy Governor Hiroshi Nakaso said on Wednesday.