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Market Commentary: Japan's Central Bank has not significantly lowered its economic outlook, opening the door for further interest rate hikes

On January 24th, Jinshi Data reported that analyst Simpson pointed out that the interest rate hike by the Central Bank of Japan was expected, but it feels like this is the first time in a long time that there has been no major downward revision to the economic outlook. This opens the door to another 25 basis point rate hike before the end of the year.

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