MUFG says BOJ could end negative rates as early as January 2024

Reuters conveying opinion from MUFG’s Market Head

  • Lingering concerns
    about govt finances likely to keep investors on guard against buying
  • BOJ could move to
    end negative interest rates as early as in January
  • BOJ will probably
    have to maintain the YCC framework to avoid any abrupt rise in
    long-term interest rates

Mitsubishi UFJ
Financial Group is the world’s second-largest bank holding company
and second largest public company in Japan.

boj Bank of Japan flag

Bank of Japan

USD/JPY is not a lot changed on the session today, currently sitting around 148.65

This article was written by Eamonn Sheridan at Source