Going against Prime Minister Takaichi’s wishes, Japan’s central bank acted amid U.S. pressure, a tanking currency and inflation from energy disruptions.
Japan Raises Rates to 31-Year High to Ward Off War Inflation
Originally reported by New York Times. Read the full story at the original source.
Related Articles
IMF sounds alarm on rising government borrowing costs and cyber-attack risks – business live
Rolling coverage of the latest economic and financial newsGlobal financial system is failing developing countries, says ...
Musk Blames Tycoon for Stalling Satellite Internet Access in India
As Starlink seeks permission to operate in India, a recent protest in New Delhi showed how quickly authorities can cut o...
Energy bills through the roof? Five signs your house is leaking heat
A thermal imaging camera shows heat loss through the roof and windows of a house. Photograph: ivansmuk/Getty Images/iSt...
Heating oil users face fuel or food winter choice'
Image source, Ellen Knight / BBCImage caption, Liz Humphris said although she can afford it, she does not like to look a...