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Analyst: The Bank of Japan may delay interest rate hikes until May next year.
On December 20, in a statement by Analyst Justin McQueen, the stance of Bank of Japan Governor Kazuo Ueda at the monetary policy meeting unexpectedly did not include a commitment to recent policy tightening. This caused the yen to rise significantly and sparked concerns among Japanese officials about recent trends. Bank of Japan Governor Kazuo Ueda stated, "The overall situation of wage trends will become clearer in March and April next year," which seems to open the door to delaying interest rate hikes until May. However, this may be more about not cornering oneself than leaving some options open. It is worth noting that starting from the end of January, the U.S.
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