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Triple Hold On Rate Hikes

04 Nov 20236 minutes
Triple Hold On Rate Hikes

This week the Bank of Japan further relaxed its yield curve control program. Eurozone inflation sank to a two-year low in October. The bloc’s economy shrank by 0.1% last quarter from the one before. The Fed and Bank of England both left interest rates unchanged. The sharp rise in Treasury yields over the past three years is a harbinger of a recession. The battery metals market is projected to be oversupplied until 2028.

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