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🚨 🇯🇵 BoJ seen keeping up rapid rate hikes, December in focus, sources say
🚨 🇯🇵 BoJ seen keeping up rapid rate hikes, December in focus, sources say
- 🇯🇵 The BoJ is expected to keep raising rates at a rapid pace, with December the focus for the next move, according to sources cited by newswires (unconfirmed)
- 🇯🇵 The report says rates are still far from neutral and that inflation needs to stabilise
FO view: A sourced steer towards a December hike, after a firmer core CPI this morning, supports the yen and adds upward pressure on JGB yields; it is a report, not a policy statement.
Not investment advice.