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Central Bank Focus

BoJ: A Hawkish Hold

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The Bank of Japan held rates at 0.75%, but the meeting still leaned hawkish. The hold was expected, but had a hawkish tone with 3 dissents in favor of a hike. That signal came alongside upward revisions to the BoJ’s inflation forecasts for 2026 and 2027, and…

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