Japan raises interest rate to new 31-year high to curb rising prices
Central banks around the world have hiked rates as high energy prices are pushing up inflation.
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Notable Quotes
"One of the world's last sources of ultra-cheap money is disappearing."
— Lale Akoner , Executive
"I will not hesitate to conduct more joint interventions in the future."
— Scott Bessent , Executive
"If [the yen] remains weak despite higher rates, the resulting inflation pressure could force the BOJ to tighten faster than markets or Japan's government would like."
— Lale Akoner , Executive
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Central banks around the world have hiked rates as high energy prices are pushing up inflation.
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