Japan's Central Bank Eases Rate Hike Concerns After Market Turmoil In response to recent market turmoil, Bank of Japan Deputy Governor Shinichi Uchida indicated the central bank would refrain from raising interest rates during periods of financial instability. His dovish comments led to a weakening of the yen, a spike in bond futures, and a rebound in stocks. Uchida emphasized the need for monetary easing amidst volatile global markets and suggested that future rate decisions would depend on market conditions. Despite this, some economists still anticipate another rate hike by the end of the year. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Tether Introduces Gold-Backed Stablecoin Alloy READ MORE Zimbabwe’s new gold-backed currency: Can the ZiG restore confidence and stability? READ MORE Yukon Government Seeks Control of Victoria Gold After Mine Disaster READ MORE HBAR – Real World Asset Tokenization is Here READ MORE Florida's Housing Market Sees Price Drop Amid Insurance Crisis READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment