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Datawatch

Japan and US savings surge, with vaccines set to trigger spending

With 'herd immunity' in sight hopes rise that economies will reopen

Economists forecast that inflation will rise in the U.S. as the vaccination rollout continues. (Source photo by Reuters)

TOKYO/LONDON -- Coronavirus vaccine rollouts have begun worldwide, raising hopes that the global economy can start to reopen.

Strict movement restrictions and social distance measures have discouraged consumption, and savings have increased substantially in major countries.

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