Barclays forecasting the Financial institution of Japan to stay on maintain in January, charge hike in March

Yesterday we had Financial institution of Japan deputy governor Himino talking:

• ForexLive Asia-Pacific FX information wrap: USD swing on information, JPY swing on … not so much
• Ubaidahsan European FX information wrap: Awaiting the US PPI report

In my Asia wrap (first hyperlink above) I stated I questioned aloud on the unusual (up) response on Himino’s remarks. The Europe wrap has extra from him, the place he was extra much less dovish. UBS agree – he ‘lacked dovishness’.

Barclays, in the meantime suppose January is just too early for a hike from the BoJ. Analysts on the financial institution count on a Financial institution of Japan charge hike in March and October 2025, with charges ultimately climbing to zero.75%.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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