Japan rises its interest rate to 0.25 bps from 0.1 BPS. Will it be the last hike for year 2024 or are we going to see another hike before the year ends is still a question.
Meanwhile, U.S. Central Bank once again retracted from starting QE. Jerome Powell is not very confident about the inflation data. So, we will see interest rate to remain higher for some more time.
Jobs are slowing down.
But still is higher than the data we see pre-covid.
This is seen as the market is still strong. If the effort to reduce Inflation is loosened this might go up real quick.
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