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Bank of Japan Holds Rates, Closing a Week Where Every Dissent Called for a Hike

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The Bank of Japan (BOJ) kept its policy rate at 1.25% on October 30 in an 8–1 vote. Board member Hajime Takata dissented and proposed a hike to 1.5%. Every dissenter at the BOJ and the US Federal Reserve (Fed) this week wanted higher…

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