Deciphering the Bank of Japan - October Policy Meeting and Press Conference
The only Bank of Japan analysis piece you will need (seriously).
▷ Market Price Action: JPY driving NKY and NDX (down), USDJPY 152’s return
▷ Ueda explicitly retires the phrase “more/ample time” to assess for the next rate hike - this “ample time” was the dovish pivot from the previous BOJ meeting in September.
▷ Core CPI revision for FY2025 lowered to 1.9% from 2.1%
▷ “US economy risk” now added to the official text of…
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