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Rate hike timing and data in focus – Rabobank
Summary by The New York Ledger
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Rate hike timing and data in focus – Rabobank
Rabobank’s Senior FX Strategist Jane Foley notes that Governor Ueda’s earlier hawkish signals have been tempered by more cautious comments at the IMF meetings, leading some forecasters to doubt an April Bank of Japan (BoJ) rate hike. Surveyed BoJ watchers still mostly expect tightening by end-June, while stronger real wages and upcoming Consumer Price Index (CPI) data are seen as key inputs for the policy path. Ueda signals and domestic data wat…
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