BOJ Seen Holding Rates in Messaging Risk for Ueda as Yen Teeters


Just weeks ago, markets and economists were betting Ueda and his board would press ahead with their normalization efforts and deliver another hike at the end of their two-day meeting on Tuesday. Those bets dissipated as US President Donald Trump’s war on Iran sent oil prices surging, with markets now pricing just a 7% chance of a move, and many economists switching to a June increase.



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