BOJ Set to Weigh Rate Hike While Seeing Little Urgency to Act [Yahoo! Finance]
BNP PARIBAS SPONS ADR (BNPQY)
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Source: Yahoo! Finance
limited urgency to act even though the next increase in borrowing costs is coming closer. Most Read from Bloomberg Hong Kong's Expat Party Hub Reshaped by Chinese Influx How California Sees the World, and Itself City Hall Is Hiring American Institute of Architects CEO Resigns London's Tube Fares Are Set to Rise by 4.6% Next Year BOJ officials see little cost to waiting before raising interest rates, people familiar with the matter told Bloomberg earlier this month. That report pushed the yen to its weakest level since November on bets the BOJ will hold, while underscoring the vulnerability of the currency to further declines. While traders now see a less than 20% chance of action this time, few are letting their guards down given the BOJ's history with surprises. BOJ officials are open to a December hike depending on data and market developments, and some are not against an increase at this meeting if it is proposed, the people said, reflecting how much they are nearin
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