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Ubs: Another Interest Rate Hike From the Bank of Japan Could Come in December
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The Bank of Japan kept its key interest rate unchanged, but there are growing signs that December could bring the next hike. While global uncertainties and the outcome of 2026 wage negotiations prompt the central bank to be cautious, economic fundamentals and avoiding a weakening yen both point in the direction of tightening. According to UBS, Japan is slowly ending the era of negative interest rates and may be preparing for a gradual, semi-annu…
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