Policy and Regulation
Bank of Japan Lifts Policy Rate to 1%, Its Highest Since 1995
The Bank of Japan raised its policy rate to 1%, the highest since 1995, in a 7-1 vote that signals…
Section
Tag: carry-trade
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Policy and Regulation
Markets
Why the Yen Still Cannot Catch a Break
The yen's persistent weakness comes down to one root cause: the wide interest rate gap between Japan and the United…