Bank of Japan Approaches High-Stakes Interest Rate Hike Showdown

USD/JPY Under Pressure: All Eyes on Bank of Japan Rhetoric - Action Forex

The USD/JPY pair fell to 148.49, marking a third consecutive day of declines as markets digest mixed signals from the Bank of Japan. The recently published summary of opinions from the September meeting revealed a divided policy committee. Some members advocated for further rate hikes, assuming current growth and inflation forecasts hold. Others, however, argued […] The post USD/JPY Under Pressure: All Eyes on Bank of Japan Rhetoric appeared fir…

Bank of Japan Approaches High-Stakes Interest Rate Hike Showdown

The Bank of Japan is edging closer to a pivotal decision on interest rates, signaling a potential shift in its long-standing ultra-loose monetary policy. As global inflationary pressures mount and major central banks tighten their stances, the BOJ faces mounting anticipation over whether it will join the tightening cycle. Market participants are closely watching upcoming policy meetings for signs of a rate hike, which could mark a significant tu…