Analysis:BOJ locks in June rate hike in a risky bet that nothing gets worse
Orientul Mijlociu
TOKYO, April 30 : The Bank of Japan effectively committed to a June rate hike this week as it talked up the risks of an inflation overshoot, a gambit that rests on a shaky assumption the Iran war won't significantly worsen the economic outlook. Unusually blunt signals of a near-term rate hike highlight the BOJ's growing concern the energy shock could trigger second-round effects that may leave it behind the curve in addressing the risk of too-high inflation, analysts say. "The message from the
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