- December 22nd, 2024
Inflation in Tokyo accelerated more than anticipated in November, while other economic data aligned with the Bank of Japan’s (BOJ) projections, heightening market speculation of a possible interest rate hike in December. The yen strengthened on the news, as policymakers...
The Bank of Japan (BOJ) may be hesitant to raise interest rates due to the Nikkei 225's surge to 34-year highs, causing concerns about the potential dissuasion of normalizing monetary policy. The BOJ's history of hitting monetary brakes during stock...