central banks

ECB and Bank of England raise interest rates again to fight inflation

London CNN — Europe’s two largest central banks have hiked interest rates sharply on Thursday, opting for bigger increases than the US Federal Reserve as inflation in the region remains near historically high levels. The European Central Bank (ECB) and the Bank of England raised their rates an additional half point. Benchmark interest rates for …

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BOJ Policy Meeting: Japan Maintains Ultra-Dovish Policy, Leaves Yield Curve Targets Unchanged

hong kong CNN — The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-loose monetary policy, defying market expectations that rising inflation could force the central bank away from low interest rates. . The BOJ kept its yield curve control (YCC) targets unchanged at the end of a two-day policy …

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