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Maybe they want to toe the line and see how it works out?
They are definitely pausing further rate hike plans but we will see if they full on capitulate.
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Holding steady while everyone else cuts rates is similar to raising them yourself.
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Well, I think they are thinking less is more at the moment. They did have a freefall on the yen, and the nikkei index.
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I agree. It's sort of a two birds one stone situation.
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For the moment, until another crisis takes off. Just give it a couple of weeks.
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"The recent strengthening of the yen would affect the BOJ's policy decision because it reduces upward pressure on import prices, and therefore overall inflation." They just dont want to ruin a good thing. Now that the yen has "strengthened".
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