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Market meltdown averted - August 7, 2024
Episode 442
Published 2 years, 3 months ago
Description
What a difference a day (or two) make! Global stock markets took a leap on Wednesday, partly due to the Bank of Japan's (BOJ) surprise decision to play it cool with interest rate hikes. This unexpected move was like a soothing balm for jittery investors, causing the yen to take a nosedive. Monday’s correction already seems like a distant memory.
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