BOJ Monetary Policy Navigator
- Dec 16, 2024
Kyodo reports BoJ is considering leaving rates on hold in December
Key points
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Kyodo News reports that BoJ is considering leaving rates on hold at December meeting in view of US economic uncertainty and desire to confirm domestic wage developments
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"Trump risk" cited as main reason; Bank may have decided that rate hike can wait despite concerns about further weakness in yen
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How would Governor Ueda justify leaving policy on hold when Trump risk is unlikely to disappear anytime soon?