The European Central Bank and the Japanese Central Bank meet in Davos: they are in no rush to raise interest rates like the United States

2022-1-23 09:48
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On January 23, European Central Bank President Lagarde, Bank of Japan Governor Haruhiko Kuroda and International Monetary Fund (IMF) President Georgieva met at the World Economic Forum. Lagarde said: "Unlike the United States, the demand in the euro zone is not too high," said the United States out of sync because it was out of sync and well. Works. Essential yields are currently high at 5.5% in the US and 2.6% in the Eurozone. Kuroda Haruhiko predicts that Japan's inflation rate will remain at a high level of 1% in 2023 and that interest rate cuts and fiscal expansion will continue until the inflation target of 2 % is reached. . , because the inflation rate is very low. (Financial institutions)

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