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Bank Of Japan Deputy Shinichi Uchida Says, 'We Won't Raise Interest Rates When Financial Markets Are Unstable'
Tuesday, August 6, 2024 - 11:03pm | 421The Bank of Japan has stated that it will not raise interest rates during periods of market instability. This decision was confirmed by Deputy Governor Shinichi Uchida on Wednesday. What Happened: Uchida highlighted the impact of a stronger yen on the BOJ’s policy decisions, as it reduces the...