TechFlow news, November 7 — According to Jinshi Data, French economist Ryotaro Kono from BNP Paribas stated that despite uncertainties surrounding President-elect Trump's policies, the Bank of Japan is still expected to raise interest rates in December. He noted that as the presidential inauguration is set for January 20, this uncertainty is unlikely to dissipate in the short term. A weakening yen could prompt the Bank of Japan to act. "If the BOJ continues to wait until uncertainties are fully resolved, the yen may weaken further," he said.
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