Japan's central bank raised interest rates to their highest since the 2008 global financial crisis and revised up its ...
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Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflationJapan’s stance is at odds with the loosening trends adopted by the U.S. Federal Reserve and the European Central Bank, which have been cutting rates after raising them to clamp down on inflation.
Economists forecast Japan’s economy to expand by 0.3% in Q4 2024, up from 0.2% in Q3 2024. A sharper pickup in economic ...
Companies have told the U.S. central bank they generally expect to raise prices to pass along the cost of import tariffs.
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