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Axios: What Japan signals about the war-hit economy

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Updated:2026-04-28
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Like the BOJ, other central banks this week will "hold rates steady as they all face slightly different versions of the same dilemma," Karl Schamotta, chief market strategist at global payments firm Corpay Cross-Border Solutions, wrote in a note Tuesday morning. Namely, "whether the energy shock rippling through global markets will prove transitory or become embedded in prices, echoing the post-pandemic inflation surge."

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