BOJ Outlook Report: Risks to price outlook skewed to upside for time being, roughly balanced thereafter BOJ CentralBanks InterestRate USDJPY
. Generally, if the BoJ is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the JPY. Likewise, if the BoJ has a dovish view on the Japanese economy and keeps the ongoing interest rate, or cuts the interest rate it is negative, or bearish.
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