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الاقتصادية
Source: الاقتصادية
1 Hrالاقتصادية
Source: الاقتصادية
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Bank of Japan Governor Kazuo Ueda strengthened expectations of a December rate hike to 1.5%, while leaving the path of further tightening uncertain. This follows a rise in core inflation to 2.1% in September, above the bank’s 2% target, and 1.4% economic growth in the second quarter. The bank is balancing the need to curb prices against protecting the economic recovery from the burden of borrowing costs. Estimates of the neutral interest rate range from 1.1% to 2.5%, amid division within the board and caution about the effects of rate increases on households and businesses. A Nomura expert, meanwhile, sees a possibility of rates reaching 1.75% by next March.
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