Bank of Japan Seen Holding Rates on Oct 30 While Raising Inflation Forecast
- —The BOJ is expected to hold rates at its Oct 30 meeting
- —Next fiscal year's inflation forecast may be revised higher
- —Oil prices are pressuring inflation for longer than expected
- —A sharp yen slide could alter the hold decision
Why it matters: A pause amid rising inflation keeps a December hike in play, a factor for the yen and global liquidity, including crypto markets.
Source: TokenPost