The Bank of Japan said it would be more flexible in how it manages government bond yields, citing rising inflation.
Tag: Interest Rates
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Halloween Shoppers Not Spooked as Economic Slowdown Remains Elusive
From apple picking to skeleton cows, early seasonal spending seems solid. It’s the latest sign that Federal Reserve policy to combat inflation hasn’t tanked growth.
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The Bond Market Is Flexing Its Muscles
Soaring interest rates have the power to alter the direction of the economy and command the attention of Washington, our columnist says.
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Inflation Held Steady in September, While Consumers Spent Robustly
Overall inflation stayed at 3.4 percent in September, down from a peak of around 7 percent.
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U.S. Economic Growth Accelerated in the Third Quarter
Gross domestic product expanded at a 4.9 percent annual rate over the summer, powered by prodigious consumer spending. But the pace is not expected to be sustained.