International
The Bank of Japan has raised its benchmark short-term interest rate to 0.75%, taking borrowing costs to their highest level in around three decades. The decision marks a significant step in Japan’s gradual exit from years of ultra-loose monetary policy aimed at combating deflation and weak growth. Inflation and wages drive policy change The rate […]
International
The United States Justice Department has begun releasing a long-awaited batch of records related to investigations into convicted sex offender Jeffrey Epstein, fulfilling part of a legal requirement under a law passed this year that mandates disclosure of federal files. The initial release on Friday included thousands of pages of documents, but officials said more […]