TODAY'S MARKET INTELLIGENCE
BOJ Holds Rates and Signals Inflation Target Met; USD/JPY Dips Slightly
English summary
The Bank of Japan held its policy rate at 1.25% on Friday, signaling for the first time that the 2% inflation target has been achieved. USD/JPY dipped slightly due to the hawkish hold, with markets focusing on future rate hike paths and intervention risks.
The English text is machine translated and may require verification against the Chinese version.
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