Reported about 24 hours ago
The Bank of Japan is set to hold its final policy meeting of the year next week, coinciding with a significant decision from the U.S. Federal Reserve. The BOJ has previously ended negative interest rates and indicated a potential hike to 0.5% if economic conditions, including wage growth and inflation, align positively. While a majority of economists expect a rate increase in December, market predictions suggest only a 30% chance, indicating uncertainties around inflation and economic stability in Japan. The outcomes of these meetings could significantly influence the yen's value and market dynamics.
Source: YAHOO