The Bank of Japan is expected to raise its benchmark interest rate by 25 basis points to 0.5%, its highest level since 2008, as indicated by a survey of economists who cited a change in tone from BOJ leadership. Governor Kazuo Ueda and Deputy Governor Ryozo Himino have hinted at a rate hike based on positive economic indicators and a reduced risk from Donald Trump’s presidency, with economists also noting the yen’s weakness as a factor supporting a rate increase. The Japanese currency has strengthened in anticipation of the upcoming meeting, with an 88% probability of a rate hike according to LSEG data.
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Saturn Is 'Losing' Its Rings This Month — This Is Why And When We Can Expect To See Them Again
Saturn's rings will be invisible from Earth starting from March 23rd, due to the planet's orbit. NASA explains that Saturn's rings are comprised of icy and rocky particles, believed to be remnants of comets, asteroids, or shattered moons. The rings will reappear in about seven years, as they are slowly being pulled in by gravity and will eventually disappear. Full Article
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