BOJ's Nakamura: I’m not in opposition to price hikes however determination needs to be knowledge dependent

• There’s nonetheless loads of knowledge earlier than December assembly, together with Tankan report
• Have to scrutinise these knowledge in deciding whether or not price hike could be acceptable

Nakamura is among the extra dovish members, so that you’d anticipate a extra cautious tone a minimum of. As issues stand, merchants are pricing in ~38% odds of a 25 bps price hike by the BOJ for the 19 December assembly.

This text was written by Justin Low at www.ubaidahsan.com.



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