Bank of Japan is unlikely to raise interest rates again soon ...Middle East

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Bank of Japan is unlikely to raise interest rates again soon
JP Morgan Asset Management (info comes via a Bloomberg report, gated) says the Bank of Japan is unlikely to raise interest rates again soon. JPAM say further tightening hinges on the US economy's performance:BOJ may move again only if the Federal Reserve cuts rates and stabilizes the US economy.believes any further tightening by the BOJ is likely only in 2025, contingent on a stable global environment.The background to JPAM's view here is the extreme market volatility that hit various assets across bonds, stocks, Treasuries, FX and more. The Bank of Japan have already made it clear that their policy moves are now sensitive to market conditions. The wild swings in JPY and stock were compounde

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