this post was submitted on 28 Jul 2023
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Big central banks hike again with end of tightening in sight (www.reuters.com)
submitted 2 years ago by BrikoX@lemmy.zip to c/worldnews@lemmy.ml
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cross-posted from: https://lemmy.zip/post/804727

Archived version: https://archive.ph/tx0dh
Archived version: https://web.archive.org/web/20230728100426/https://www.reuters.com/markets/rates-bonds/big-central-banks-hike-again-with-end-tightening-sight-2023-07-28/

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[โ€“] ftothe3@lemm.ee 3 points 2 years ago (1 children)

Why is Japan such an outlier?

[โ€“] queermunist@lemmy.ml -2 points 2 years ago

https://www.reuters.com/markets/asia/japans-inflation-re-accelerates-june-stays-above-boj-target-2023-07-20/

The BOJ seems to have taken a totally different approach to inflation and actually has an extremely loose policy right now. Even still, inflation has fallen.

Almost like monetary policy is irrelevant...?