MONEY AND INTEREST RATES
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Broad-money growth in America quickened to 8.6% in the 12 months to June. The Bank of Japan unexpectedly decided not to raise interest rates after the collapse of Sogo, a department-store chain, had raised fears about the health of credit markets.
This article appeared in the Economic & financial indicators section of the print edition under the headline “MONEY AND INTEREST RATES”
From the July 22nd 2000 edition
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