The Bank of Japan hints at end of ultra-low interest rates

Dec 21, 2022
Despite global and domestic inflation, Japan's central bank held interest rates near zero. But it's just hinted that this policy will change.
By letting interest rates go up, the Bank of Japan could make government bonds more attractive to investors.
Philip Fong/AFP via Getty Images

Inflation's a global problem. Curbing it may send some countries' economies into recession.

Jun 16, 2022
The U.S. economy might have an easier time achieving a "soft landing" than economies in Europe and elsewhere.
Europe has not yet reached pre-pandemic employment or output levels, and the ECB has signaled an interest rate hike next month. Above, the European Central Bank headquarters in Frankfurt, Germany.
Daniel Roland/AFP via Getty Images

Inflation is a global problem

Dec 16, 2021
But a few unique factors are driving up prices in the United States.
Packages from a delivery truck are spread on a New York City street. While the U.S. is near the top in inflation, it's first among nations in spending on goods.
Spencer Platt via Getty Images