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BOJ signals no imminent need for Japan rate cut

posted by Avatar juanpablo 1307 days ago in JPY, Fundamental, Inflation made popular 1307 days ago

The Bank of Japan's new deputy governor on Monday signalled an interest rate cut may not be imminent, saying that rates were very low given the nation's economic growth and inflation. Hirohide Yamaguchi also said the yen's recent surge could affect Japan's economy and prices by hurting exports and corporate revenues.
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