Tokyo CPI came in hot today we have inflation in progress signaling mild-hawkish tone for BOJ. BOJ is known for taking decisions slowly so I do not expect a rate hike to happen soon but we may see it in the very near future. Afterall BOJ Interest rate 0.5 is considered high for its historical data. Aiming for 1.00 interest rate is something huge that few people understands its magnitude.
Taking this short attempt.
Taking this short attempt.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.