bearish
Part Two: JGB Yields Spike Cause Yen Mayhem
SUMMARY
- On December 6, 2023, Deputy Gov. Ryozo Himino and other policy board members signalled increasing optimism on price and wage increases.
- Himino said at a press conference following a meeting on Wednesday that exiting the negative rate policy would have relatively little impact on Japan's economy.
- "We will carefully assess the situation and consider the timing and procedure of how to exit" negative rates.
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