TODAY'S MARKET INTELLIGENCE
BOJ Holds Rates and Confirms Inflation Target Met; USD/JPY Dips Slightly
English summary
The Bank of Japan held its policy rate at 1.25% on Friday and signaled for the first time that the 2% inflation target has been achieved. Following this hawkish hold, USD/JPY dipped slightly, with markets expecting rates to rise near 2.00% by next summer.
The English text is machine translated and may require verification against the Chinese version.
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