International Economic

BoJ's Uchida says rates won't rise when markets unstable

By Frank Prenesti

Date: Wednesday 07 Aug 2024

(Sharecast News) - Bank of Japan deputy governor Shinichi Uchida said the central bank would not lift interest rates when the markets are unstable, in response to this week's volatility that saw a massive sell-off in equities.
The yen weakened by more than 2% against the dollar while bond futures rose...

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