BOJ Signals Potential Tightening, But Timing Uncertain

Reported 5 days ago

The Bank of Japan's Governor Kazuo Ueda suggested possible gradual tightening of policies if economic conditions align with forecasts, yet he provided no indication of a December rate hike, leaving markets disappointed. The dollar rose slightly against the yen while speculation continued about U.S. rate cuts amidst a cautious outlook from Federal Reserve officials. Key economic indicators and central bank speeches this week could further clarify the market's direction.

Source: YAHOO

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