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What Fed Hikes? Much of Americans' Debt Is Still Riding Ultralow Rates
One reason the economy keeps humming: A huge chunk of consumer debt still carries low rates, including mortgages and auto loans made before 2022. Source
BOJ bought record $1 trln JGBs last year to defend ultra-low rate policy By Reuters
© Reuters. FILE PHOTO: A man walks in front of the headquarters of Bank of Japan in Tokyo, Japan, January 18, 2023. REUTERS/Issei Kato By