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2025 › December › 19
Bank
6 months ago
There may be trouble ahead for stocks, according to one signal that has a solid track record.
AI likely to displace jobs, says Bank of England governor ⊖
Andrew Bailey says workers need to be trained to move into jobs that use AI, but adds it might not lead to mass unemployment.
Bank of Japan raises rates to highest in 30 years as inflation stays above target ⊖
The hike comes against the backdrop of rising inflation and a weak Japanese economy.
Japan raises interest rates to highest level in 30 years ⊕
Bank of Japan implements quarter percentage point rise to 0.75% in progress to normalise monetary policy
Asia-Pacific markets set to rise as investors await Bank of Japan decision ○
Asia-Pacific markets were set to rise as investors on looked toward the Bank of Japan decision coming out later in the day.
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