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Japan Approaches Highest Interest Rate in 37 Years
(2 hours ago) · 1 source · Summarized by CryptoBipto
Japan is reportedly nearing a rate hike that would bring its benchmark interest rate to the highest level in 37 years. The move has raised questions about potential effects on global financial markets, including cryptocurrency and equities.
WHY IT MATTERS
Interest rates are the price of borrowing money.
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SOURCES
- beincrypto.com
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Interest RatesBank of JapanMonetary PolicyCarry TradeGlobal Markets