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globalreutersNovember 1, 20241 Mins read
BOJ keeps policy unchanged but pledges to continue to hike rates – UOB Group
globalreutersNovember 1, 20241 Mins read The Bank of Japan (BOJ) returned to its very succinct policy statement at its scheduled Monetary Policy Meeting (MPM) on Thu (31 Oct) as the BOJ took a unanimous decision to keep its monetary policy guidelines for money market operations unchanged, in line with market expectations but against our projection for a 25-bps rate hike, UOB Group’s economist Alvin Liew notes.
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