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via seekingalpha.comEconomy

BOJ October summary: rate hikes should continue as inflation reaches 2%

FROM THE WIRE · SEEKINGALPHA.COM

The Bank of Japan ((BOJ)) should continue raising interest rates as underlying inflation aligns with its 2% stability target, according to the summary of opinions from its October policy meeting. Policymakers noted that financial conditions remain accom

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishSignal of continued BOJ hikes can support the yen and Japanese yields.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The BOJ October summary says rate hikes should continue.
  2. 02Underlying inflation is aligned with the 2% stability target.
  3. 03Policymakers noted financial conditions remain accommodative.

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