BoJ raised its uncollateralized overnight call rate by 25bps to 0.50% as widely expected, marking the highest level since 2008. The decision, made by an 8-1 vote, saw dissent from board member Nakamura Toyoaki, who advocated for a delay until March. In the new economic projections, core CPI forecasts were significantly revised upward from 1.9% […]
The post BoJ delivers expected rate hike, upgrades core inflation forecasts appeared first on Action Forex.
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