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Moody's Is Maintained at Market Perform by BMO Capital
Moodys Analyst Ratings
BMO Capital Maintains Moody's(MCO.US) With Hold Rating, Raises Target Price to $481
BMO Capital Adjusts Price Target on Moody's to $481 From $468, Maintains Market Perform Rating
Moody's: The Bank of Japan may raise interest rates by 25 basis points on Friday.
Economists at Moody's Analytics indicate that the Bank of Japan may raise interest rates by 25 basis points on Friday. The economists state that the recent hawkish remarks made by Bank of Japan Governor Kazuo Ueda and Deputy Governor Ryozo Himino suggest that further tightening policies are on the horizon. Since the Bank of Japan skipped the interest rate hike in December, the weak yen, coupled with a series of inflation signs exceeding expectations among consumers, producers, and import prices, has increased the likelihood of taking MMF action. The economists suggest that the December CPI, to be released on Friday, may show higher annual consumer price inflation, but with deeper layers.
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