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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.