July 24, 2024
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Bank of Japan Considers Tightening Monetary Policy Sooner, USD/JPY Dips

Markets received a jolt this Monday as Bank of Japan’s (BOJ) Governor, Kazuo Ueda, hinted at a potential shift in the bank’s monetary policy. Over the weekend, Ueda said he might have enough data by year-end to contemplate raising interest rates, significantly affecting the USD/JPY, which dropped sharply in early trade. In an interview with

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