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Tuesday, January 9, 2018

BoJ's tweak buoys yen, stocks rally rumbles on

LONDON (Reuters) - A tweak to the Bank of Japan’s bond-buying program caused the yen to rise on Tuesday, while gains from commodity stocks as oil hit its highest since 2015 helped world shares maintain their flying start to the year.


from Reuters: Business News http://ift.tt/2CK2Ilk

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Rates low for too long, says ex-Bank of England boss

Lord Mervyn King says inflation has now been tamed and interest rates are "in the right ballpark". from BBC News https://ift.tt/...