Rising Likelihood of BOJ Interest Rate Hike in March

Reported about 22 hours ago

A former Bank of Japan board member, Makoto Sakurai, noted the increasing possibility of a rate hike being postponed to March due to uncertainties surrounding President-elect Donald Trump's policies. Sakurai estimated a 70% chance for a hike in March, as he suggested the BOJ might wait to see how Trump's administration impacts economic conditions. Current fluctuations in the Japanese yen and upcoming wage negotiations in spring are also seen as critical factors influencing the rate decision.

Source: YAHOO

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