Bank of Japan raises interest rates to 31-year high amid Iran war inflation pressures ⊖
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a story from The Guardian ⚠️ › International
Country follows ECB in increasing borrowing costs, but US Fed and Bank of England expected to hold rates
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The Bank of Japan (BoJ) has raised interest rates to a 31-year hi…
3 months ago
Ultra-low rates turned the yen into easy cash for bankers. But the carry trade now binds global markets to decisions in Tokyo
In 2015, Clyde Prestowitz’s book Japan Restored imagined a Japanese centur…
7 months ago
8 months ago
10 months ago
Liz Truss fell not for borrowing, but for incompetence. Rachel Reeves mustn’t repeat the mistake with rules markets don’t demand
In 1995, Nick Leeson, a 28-year-old trader for Barings Bank, brought do…
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