My Global News: Voices of a New Era
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The Bank of Japan’s unexpected bond purchase reduction is impacting the yen-dollar rate and raising concerns about global economic stability. Experts weigh in on the potential outcomes.
Explore the factors behind the yen’s depreciation as Japan reduces bond purchases and the potential global economic impacts.
The Bank of Japan has ended its 17-year negative interest rate policy and implemented its first rate hike, signaling a shift away from prolonged monetary easing to achieve stable inflation.