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Heads up: BOJ governor Ueda press conference coming up later

There will definitely be a lot to say, now especially as the Japanese yen has fallen in the aftermath of their policy decision today. But I reckon Ueda will continue to maintain that they do acknowledge firmer inflation developments but they’re not at a point yet to abandon easy policy altogether. Essentially, it should be a repeat of the language we’ve been hearing in recent months again.

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