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UOB Expects BoJ to Hold Policy Rate Next Week

UOB expects the Bank of Japan to keep its policy rate unchanged at next week’s meeting and remain on its monetary policy normalization path without an aggressive trajectory.

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UOB expects the Bank of Japan to leave its policy rate unchanged at next week’s meeting. In a note, UOB said it still expects the central bank to continue normalizing monetary policy, but not at an aggressive pace. The bank expects the BoJ to hold its rate…