BoJ cuts growth outlook, pushes back inflation target
Bank of Japan
Tokyo - Arab Today
The Bank of Japan on Friday cut its growth outlook for the world's third-largest economy and pushed back the timeframe for reaching a key inflation target, as the country's economy stalls.
The central bank said it now expected growth to come in at 1.2 percent in the fiscal year to March 2016, down from an earlier 1.7 percent projection.
It also forecast it would reach its two percent inflation target in the six months ending March 2017 -- about half a year later than previously expected.
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Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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