Forex
globalreutersOctober 31, 20241 Mins read
Here’s another forecaster moving back expectations for Bank of Japan rate hikes to 2025
globalreutersOctober 31, 20241 Mins read 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.
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