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Japan Tightens Again, Markets Act as if the Shift Is Already Priced In

The world tuned in this week as the Bank of Japan (BOJ) nudged its key short-term interest rate up by 25 basis points to 0.75%, a throwback level last seen in 1995. The central bank added that further hikes remain on the table if economic and price conditions line up with its projections. The Rate [...]

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