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VERIFIEDET Markets·neutral

Global Market: BOJ nears historic inflation milestone, shifts focus to rate hikes

AI Summary
  • ·The Bank of Japan is nearing a 14-year goal of achieving 2% inflation.
  • ·Interest rates are expected to remain unchanged at 1.25%.
  • ·Policymakers may signal further tightening, possibly in December, due to strengthening wage growth and inflation expectations.
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