President Ueda, released from pressure!
11/18Ueda Bank of Japan(Bank of Japan)In the Governor's press conference, there was no mention of exchange rates, and he repeatedly spoke about uncertainties regarding future prices and financial conditions,12and there were no remarks hinting at a rate hike for next month. In surveys of market participants, only a minority expected a rate hike next month. Taking into account the current uncertainties surrounding the financial markets, he weighed the future path of the dollar-yen exchange rate.
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