In a speech today, BoJ Deputy Governor Shinichi Uchida expressed optimism that the end of Japan’s long battle against deflation is “in sight.” However, he emphasized that there remains a “big challenge” in anchoring inflation expectations at 2% target. Uchida pointed out that it is “not so clear” whether Japan has fully overcome the “deflationary […]
The post BoJ’s Uchida: Deflation battle nears end, but anchoring inflation expectations remains a challenge appeared first on Action Forex.
The RBNZ cut the OCR by 50bps to 4.25% at its final policy meeting for this year. The RBNZ’s OCR forecast profile was revised down as expected and now shows the OCR at 3.55% at Read more…
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