The possibility of the Bank of Japan raising interest rates in December has decreased
Bitget2024/10/07 05:51
On October 7th, Naomi Muguruma, Chief Fixed Income Strategist at Mitsubishi UFJ Morgan Stanley Securities, stated in a research report that recent political developments in Japan may have slightly reduced the likelihood of the Bank of Japan raising interest rates at its December meeting.
Japanese Prime Minister Shi Pomao's monetary policy remarks have changed. Since being appointed as Prime Minister on October 1st, he has shifted from "I will respect the decision of the Bank of Japan" to "it is not suitable to raise interest rates in the current environment".
Muguruma added that although Shi Pomao's actual views may not have changed, the current prime minister may find it difficult to agree to raise interest rates shortly after the October 27 election.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
AI real estate technology company EliseAI raises $250 million in Series E funding led by a16z
Chaincatcher•2025/08/20 08:38
Lagarde: Economic Growth Slows as Trade Uncertainty Persists
金色财经•2025/08/20 08:16
Fed Meeting Minutes to Reveal Internal Divisions, Set for Release at 2 AM Tonight
Chaincatcher•2025/08/20 07:54
Analysis: USDC Supply on Hyperliquid Reaches 4.82 Billion
Chaincatcher•2025/08/20 07:43
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$113,949.42
-1.01%

Ethereum
ETH
$4,232.26
-0.25%

XRP
XRP
$2.91
-3.20%

Tether USDt
USDT
$1.0000
-0.04%

BNB
BNB
$833.97
-0.59%

Solana
SOL
$181.78
+1.03%

USDC
USDC
$0.9999
+0.00%

TRON
TRX
$0.3505
+0.61%

Dogecoin
DOGE
$0.2146
-1.07%

Cardano
ADA
$0.8589
-6.65%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now