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Global Market: BOJ seen nearing 2% inflation target as markets eye December rate hike ↗

The Bank of Japan may signal later this month that underlying inflation has reached its 2% target, strengthening expectations for a December rate hike. While policymakers remain cautious after recent increases, steady wages, rising prices and yen weakness could support further tightening as the BOJ gradually normalises monetary policy.

From The Economic Times Markets

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