Goldman Sachs: Focus on Bank of Japan Governor Ueda Kazuo's Rate Hike Stance and Views on the Yen

Article is form Jinse
September 20, 2024
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Following the Bank of Japan's (BOJ) widely anticipated decision to keep interest rates unchanged, investors are now waiting for Governor Haruhiko Kuroda's press conference later today. They are eager to see if his stance on further rate hikes has changed.

Goldman Sachs analysts, in a research note, stated, "With the Fed pivoting towards easing monetary policy, some market participants are anxious to see if there will be any shift in this stance." They added that Kuroda's views on the impact of the recent yen appreciation on the economy and inflation are also worth noting.

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