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Bank of Japan Hikes to 31-year High

Source: youtube.com

Monetary PolicyInterest Rates & YieldsCurrency & FX
Bank of Japan Hikes to 31-year High

The Bank of Japan raised its policy rate by 25bps to the highest level since 1995, continuing its monetary-policy normalization. However, two dissenting votes cast doubt on the pace of further tightening, pushing the yen and Japanese government bond yields lower.

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