TechFlow News, February 25: According to JINSHI Data, market concerns over the Bank of Japan’s (BOJ) interest rate hike path persist, with the Japanese yen continuing to consolidate against other G10 and Asian currencies. Local media reported that last week, Prime Minister Sanae Takaichi expressed concerns to BOJ Governor Kazuo Ueda regarding further rate hikes during their meeting. Sky Mastes, Head of Market Research at the National Australia Bank, noted that this latest development has reintroduced uncertainty into markets—especially given prior expectations that Takaichi might adjust her monetary policy stance. Investors will therefore be closely watching her nominations today for two new BOJ board members.
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