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Will Japan still not raise interest rates in July?
Some officials of the Bank of Japan proposed to "wait and see" in July and make a decision after significant recovery in consumer spending data, which could also avoid presenting a too strong image of the central bank to the public.
Japanese Shares Steady as Yen Gains, Traders Eye Potential BOJ Rate Hike
BOJ to Buy Y375.0 Billion of JGBs Maturing in 1-3 Years, Unchanged From Previous Operation
Safe-haven demand boosts the US dollar and each non-US currency has its advantages.
Last week, the US dollar was boosted by safe-haven demand, while non-US currencies were mainly affected by economic events in various countries.
How the Weak Yen Changes the Way Firms Do Business [Video]
Japanese ruling party officials urge Bank of Japan to clarify its determination to raise interest rates.
Toshimitsu Motegi, secretary-general of the Liberal Democratic Party, stated that the Bank of Japan should make its intention to normalize its monetary policy, including steadily raising interest rates, more clear.