The Bank of Japan is expected to raise interest rates on Friday to their highest levels since the 2008 global financial crisis, as a broad stocks rally worldwide calms policymakers' fears U.S.
The Bank of Japan hiked interest rates on Friday to their highest level in 17 years and signalled more were in the pipeline despite fears of turmoil under US President Donald Trump.
There is concern over how much longer governments can continue to finance the mountain of debt they have accumulated, which the IMF estimates to be $100 trillion globally.
Trump's comments came hours after he delivered a video address to the world's elite at the World Economic Forum in Davos, Switzerland, where he called for an immediate drop in interest rates ...
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ASIAN markets rose on Friday after a record day on Wall Street in response to Donald Trump’s tax-cut pledge, while the yen weakened slightly ahead of an expected interest rate hike by the Bank of ...