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NIKKEI 225 Index Rises 0.79% This Week to 38364.27 -- Data Talk
Higher Rates Might Not Benefit Japanese Yen in The Long Term -- Market Talk
Japan Stocks Higher at Close of Trade; Nikkei 225 up 0.55%
Nikkei Rises 0.4% on Likely Position Adjustments Before Fed Chair Powell's Speech -- Market Talk
Unfazed by the possibility of a repeat of "Black Monday," the Governor of the Bank of Japan is resolutely hawkish, still planning to raise interest rates.
Although the Japanese stock market just experienced a "Black Monday" crash earlier this month, the Bank of Japan's determination to raise interest rates does not seem to be shaken. On Friday, Bank of Japan Governor Kuroda Haruhiko stated during a parliamentary questioning session that if Japan's inflation and economic data continue to meet the central bank's expectations, the Bank of Japan will continue to raise interest rates.
Japanese Yen Gains Ground After Inflation Data, BoJ Governor Ueda's Speech
105438147 : Half a year ago, the market confirmed that interest rates would be cut in September, but now the market is worried that the economy has entered recession!