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⚡ Markets: A rate hike would be bullish for the Japanese Yen (JPY) and Japanese bank stocks. It could also trigger an unwinding of carry trades, potentially causing volatility in global markets.JPYUSDJPYNikkei 225
Market expectations are growing that the Bank of Japan will raise its key policy rate to 1.25% at its upcoming meeting. This would mark a significant step in normalizing Japan's monetary policy after years of ultra-low rates.
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