MoneyController: Currency market: assessing the yen's potential


Compared to the central banks of the more economically advanced countries, Japan's central bank now has particularly low rates; this is because until now Japanese inflation has been far from the level recorded in Europe and the USA. The situation could change today: with inflation in Tokyo rising from 1.8% to 2.2% from October to November, as Carlo Alberto De Casa writes in ‘La Stampa’, it is increasingly likely that the Central Bank of Japan will be ready to raise rates by 25 basis points at its next meeting.

Beauty Flow" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 4.0 License http://creativecommons.org/licenses/by/4.0/

Moneycontroller

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130 | 0
12.12.2024
Duration: 01m 10s
Topic: Financial markets/economy

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