The Bank of Japan 🇯🇵 policy interest rate remains at 0.25%
BOJ Governor Ueda announced the decision to keep the policy interest rate unchanged!
As expected, following Mr. Powell's hawkish stance the day before, it seems to be responding even more to Yen depreciation. 🧐
Next year, if the USA lowers interest rates twice and the Bank of Japan is unable to raise interest rates as desired, will the intermittent Yen depreciation continue...?
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