Investors Remain Optimistic About BOJ Rate Hikes Despite Market Trends

Reported about 2 months ago

Major investors like Vanguard and BlueBay are betting on additional interest rate hikes from the Bank of Japan, believing there is potential for a 50 basis point increase by December, contrary to the market's declining expectations. Despite recent setbacks and a decrease in the likelihood of rate hikes, these firms have reaffirmed their positions, anticipating that economic data could lead to policy tightening in the near future.

Source: YAHOO

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