JUN 09. Why Japan and China are not raising their interest rate?

The European Central Bank finished its monthly meeting today and mentioned that they will raise the rate next month, at least, 0.25%. ECB also notified that the Eurozone’s inflation rate is 8.1% in May.

It’s all in the range of the expectations but the global equity markets moved in a negative way.

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Chun09

Chun09

Trying every day, engraving what we’ve been through