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Here's another forecaster moving back expectations for Bank of Japan rate hikes to 2025

Started by forex4you, Nov 01, 2024, 04:53 am

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forex4you

Nov 01, 2024, 04:53 am
Here's another forecaster moving back expectations for Bank of Japan rate hikes to 2025

MUFG say they are expecting a Bank of Japan rate hike sooner than the market is, but have shifted their December forecast to January next year.

  • Analysts cite the political instability in Japan for the change.

MUFG do drop a caveat in, though, saying a December rate hike is a possibility if JPY falls sharply after the US election.



                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Here's another forecaster moving back expectations for Bank of Japan rate hikes to 2025

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