Protracted Iran war narrows BOJ’s rate hike options
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The Bank of Japan's potential rate hike in April is becoming less likely due to the ongoing conflict in the Middle East, which is causing market volatility and economic uncertainty. The BOJ is expected to revise its inflation projections upwards in April, but the protracted conflict is making it difficult for the central bank to make a decision.
The Bank of Japan may not raise interest rates in April due to the ongoing Middle East conflict. The conflict is causing market volatility and economic uncertainty, making it difficult for the BOJ to make a decision. The BOJ is expected to revise its inflation projections upwards in April. A rate hike is still possible, but it would depend on the yen and the fragile ceasefire. The BOJ's policymakers are divided on the issue, with some focusing on inflationary risks and others preferring to wait and see how the conflict unfolds.
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