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BoJ Gov Ueda says will raise rates if improvement in economy & price conditions continues

Bank of Japan Governor Ueda

  • will raise rates and adjust degree of monetary support if improvement in economy and price conditions continues
  • will make a decision next week
  • watching developments in the US economy
  • momentum heading into spring wage negotiations is crucial

That second point – the Boj meet on 23 and 24 January

USD/JPY drops a little

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

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