The recent decision by the Bank of Japan to trim bond buying in the future has sent shockwaves through the market. While the central bank has stated that it will continue to buy government bonds at the current pace, the lack of a specific plan regarding the reduction until the next meeting in July has
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Governor Kazuo Ueda of the Bank of Japan (BOJ) emphasized the need for caution when it comes to inflation-targeting frameworks. He acknowledged that Japan faces unique challenges after years of ultra-easy monetary policy. While progress has been made in shifting away from zero and raising inflation expectations, Ueda stressed the importance of proceeding carefully to
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Jack Dorsey, the CEO of Block (formerly Square), has announced that the company is taking its bitcoin mining efforts to the next level by moving beyond designing chips to developing a full bitcoin mining system. This expansion signifies a significant shift in the company's strategy towards supporting mining decentralization and making the process more accessible
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