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BoJ is said to still be mulling the rate decision for January – Bloomberg

by Investor News Today
January 10, 2025
in Investing
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BoJ is said to still be mulling the rate decision for January – Bloomberg
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Citing folks conversant in the Financial institution of Japan’s (BoJ) pondering, Bloomberg reported on Friday that the Japanese central financial institution remains to be contemplating the rate of interest resolution for its January financial coverage evaluate.

Further takeaways

Officers nonetheless rigorously assessing information forward of the January assembly.

BoJ to mull upgrading core-core inflation views for FY 2024 and FY 2025.

BoJ is claimed to weigh elevating the inflation forecast on depreciating Yen.

Market response

The Japanese Yen picked up bids on the above headlines, driving USD/JPY 0.15% decrease on the day at 157.85 at press time.



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