MONEY AND INTEREST RATES
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MONEY AND INTEREST RATES On August 11th the Bank of Japan raised its overnight call rate to 0.25%; interest rates had been held at zero since February 1999. The 12-month rate of growth in broad money in the United States rose to 9.0% in July, but slowed to 5.9% in Sweden.
This article appeared in the Economic & financial indicators section of the print edition under the headline “MONEY AND INTEREST RATES”
From the August 19th 2000 edition
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