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BOJ signals December rate hike, but path beyond 1.5% remains uncertain

Source: ET Markets ·

BOJ signals December rate hike, but path beyond 1.5% remains uncertain

The Bank of Japan has strengthened signals of a possible December rate hike as inflation remains above target. However, uncertainty over Japan’s neutral interest rate and the impact of higher borrowing costs leaves the central bank’s longer-term tightening path unclear.

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