BOJ Poised for Biggest Rate Hike in 30 Years Amid Inflation Worries
Markets expect the BOJ to lift rates to 0.75% on December 19—the biggest hike in 30 years—as persistent inflation tests Japan’s recovery.
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BOJ Maintains Zero Rates, Japanese Yen Hits New Lows
The Bank of Japan’s decision to keep interest rates near zero has led the Yen to reach multi-decade lows against the US dollar, raising concerns among traders and investors.