"Sources close to the matter" indicate a rate hike to 0.5% at the BOJ meeting ending Friday. Ueda himself has been chronically unable to communicate intentions clearly with the markets, but the leakers always seem to get it right.

https://english.kyodonews.net/news/2025/01/aa956ea40087-urgent-boj-likely-to-increase-key-interest-rate-later-this-week.html

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