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Heads up folks, the July (27, 28) Bank of Japan meeting is going to be huge - YCC pivot

Heads up folks, the July (27, 28) Bank of Japan meeting is going to be huge - YCC pivot
The Bank of Japan June meeting Summary of Opinions has dropped a couple of bombshells:There is strong chance consumer inflation will moderate, but won't slow back below 2%, toward middle of current fiscal year"Although the rise in raw material prices has paused, firms' pass-through of cost increases to their selling prices has intensified further, the employment and income situation has improved, and inbound tourism demand has recovered. Given this, inflationary pressure is likely to remain stro... Read More
Posted: Jun 26 2023, 00:36
Author Name: forexlive
Views: 081077

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