Thursday, January 18, 2007

Steady as She Goes?

(Cross-post from Alpha.Sources)Thursday has arrived and so has the BOJ's decision to hold as well. In terms of the general market expectations this is quite surprising since most major analysts predicted at the end of 2006 that the BOJ would raise rates in 2007 starting off with a raise in January. This has not been the case and now of course questions are mounting on the real state of the

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