BOJ Deputy Chief Indicates Potential Rate Increase Next Week

Reported about 22 hours ago

Bank of Japan Deputy Governor Ryozo Himino suggested that an interest rate hike might be discussed in the upcoming board meeting, emphasizing that the decision will depend on the economic outlook presented. With a significant likelihood of a rate increase in either January or March, Himino noted that factors such as wage growth and U.S. economic policies will be closely monitored. The market is currently pricing in a roughly 60% chance for a hike next week.

Source: YAHOO

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