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Credit Agricole’s Aida Rejects December Rate Hike Amid ¥20 Trillion Stimulus

The chief economist indicates that substantial fiscal stimulus reduces the rationale for tightening monetary policy this year.

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Terms & Concepts
  • Economic stimulus: Government measures, such as spending or tax cuts, aimed at boosting economic activity.
  • Interest rate hike: An increase in the central bank's benchmark interest rate to control inflation or currency value.