BoJ is said to still be mulling the rate decision for January – Bloomberg
Source Fxstreet
Citing people familiar with the Bank of Japan’s (BoJ) thinking, Bloomberg reported on Friday that the Japanese central bank is still considering the interest rate decision for its January monetary policy review.
Additional takeaways
Officials still carefully assessing data ahead of the January meeting.
BoJ to mull upgrading core-core inflation views for FY 2024 and FY 2025.
BoJ is said to weigh raising the inflation forecast on depreciating Yen.
Market reaction
The Japanese Yen picked up bids on the above headlines, driving USD/JPY 0.15% lower on the day at 157.85 at press time.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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