Express News | BOJ Increases Short-Term Interest Rate Target to 0.5% (Est. 0.5%), Highest Level in 17 Years. Following the Decision, Nikkei 225 Up 0.6%, USDindex Down 0.2%.
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Will the central banks of the US and Japan take major actions next month? The yen has been continuously appreciating, approaching the 150 threshold at one point.
The interest rate differential between the US and Japan may narrow.
Is Japan's Nikkei 225 Still a Bargain?