Bank of Japan Expected to Abandon Negative Rates Amid Strong Wage Deals
Anticipation is rife among Bank of Japan (BOJ) observers, with a staggering 90% of them predicting authorities will discard their negative-rate policy come Tuesday. The speculation gained traction following news of Japan’s largest union group securing the most robust wage agreements in over three decades. In response, the yen exhibited weakness against the dollar, while stock markets […]
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