Bank of Japan Governor Ueda resorting to the four-letter word on policy … ‘hope’:
- Hopes Japan’s economy can balance rises in wages and & inflation
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Wages and inflation rising in a balanced manner could prompt firms to
invest in equipment and research & development
USD/JPY unresponsive, sitting on its session high:
This article was written by Eamonn Sheridan at www.forexlive.com. Source