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To Robin Brooks, the former chief currency strategist at Goldman Sachs Group Inc., Japan’s massive government debt — for now at least — is likely to doom any efforts to prop up the yen. That debt has swelled to the equivalent of more than 250% of the nation’s economy, more than any of its peers, according to data from the International Monetary Fund. And, ...
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Euro area annual inflation is expected to be 2.4% in April 2024, stable compared to March according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, services is expected to have the highest annual rate in April (3.7%, compared with 4.0% in March), followed by food, ...
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