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"BoJ will probably revise its YCC policy at the upcoming June meeting."

Japanese GDP data for January - March was printed earlier in the session, it showed a solid beat indeed:Japan Q1 GDP +0.4% q/q (vs. expected +0.1%)ING remarks, including the implication they see for the Bank of Japan Nune meeting:The easing of covid restrictions including border opening seems to have boosted consumption and investment, but weak global demand weighed on exports. Today’s stronger-than-expected GDP outcome supports our view that the BoJ will take a step toward normalization before... Read More
Posted: May 17 2023, 02:00
Author Name: forexlive
Views: 102210

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