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Japanese CPI data not expected to provide much clarity on potential for a July BOJ move

Earlier this week we had the minutes of the Bank of Japan April meeting:BOJ Minutes show belief that current monetary policy easing should be maintained (d'uh)There was nothing in the minutes to suggest an imminent reduction in easy policy and indeed last Friday's June meeting showed the same:Note that the BOJ again repeats it expects the pace of inflation to slow from the middle of this Fiscal Year. This would be around September/October (Japan's Fiscal Year begins on April 1).Comments from BOJ... Read More

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Posted: Jun 22 2023, 22:21

Author Name: forexlive

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