Market Talk: BOJ Rate Hikes Are Not Assured
Krishna Bhimavarapu of State… says the BOJ has inflation evidence to sound hawkish this week, but lacks growth evidence that would make another rate hike inevitable. The bank is widely expected to hold rates Friday.
Japan's central bank is widely expected to stand pat Friday, putting a sharper-than-usual focus on its communication. The BOJ has the inflation evidence it needs to sound hawkish this week, but not the growth evidence that would make the next rate hike inevitable, says Krishna Bhimavarapu at State…