Bank of Japan May Raise Interest Rates in October, ANZ Reports

  • August 25, 2024
According to Odaily, ANZ has indicated that the Bank of Japan might increase interest rates in October. This potential move is significant as it could impact global financial markets. Additionally, ANZ highlighted that the U.S. Federal Reserve's policy direction will be heavily influenced by the non-farm payroll report for September. This report is crucial for understanding the labor market's health and could determine the Fed's next steps in monetary policy.