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Fitch Ratings said in its latest report on the Bank of Japan’s (BoJ) policy outlook that the “BoJ could hike rates to 0.5% by the end of 2024, 0.75% in 2025 and 1% by end-2026.” Additional takeaways BoJ is bucking the global trend of policy easing and hiked rates more aggressively than we had anticipated in July.
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