October 31, 2024 at 07:18AM
This is because Japan has not seen rate hikes in a very long time
Next rate hike can happen when we become more confidence of realising our outlook
If wage hikes are similar to this year, that will be a positive development
But that doesn’t mean we will decide a rate hike only with that
This article was written by Justin Low at www.forexlive.com.
It is possible that unforeseen negative effects could emerge with more rate hikes – Ueda