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Japan stocks soar with Nikkei 225 reaching 33 year high
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Asia Pacific
Japan stocks soar with Nikkei 225 reaching 33 year high
After the COVID-19 pandemic and the war in Ukraine, the world's major economies have made inflation the enemy number one, with central banks including the US Federal Reserve, European Central Bank, and the Bank of England consistently raising their interest rates. However, the Japanese central bank has taken a different route by not raising rates to sacrifice production over inflation targets. Emre Boz reports.
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