MACROECONOMICS

BOJ's pivot speed after Shunto - impact on global financial markets

Should BOJ raise short-term interest rates next week or in April? How is BOJ's reversal of QE and YCC progressing?

Next week, the two most important central banks globally, the Fed and Bank of Japan (BOJ), will both meet and provide guidance on interest rates for the coming period.

For the Fed, keeping interest rates at their peak in March this year is almost certain: due to labor market data, although more positive, remains tight and the February CPI report harboring the risk of inflation rising again.

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