Comment: Bank of Japan update

The Bank of Japan's monetary policy committee meets this week with an interest rate decision expected on Friday. With any ideas of an imminent rate hike all but ruled out, the emerging consensus is that the shift could come in July.

COMMENT BY CENTRALBANKNEWS

On Tuesday BoJ governor, Toshihiko Fukui, doused speculation that the central bank would spring a surprise this week an raise rates well ahead of expectations. "It is absolutely wrong to look at recent market rates' moves and think that the

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