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Home » ​Capitulation: Yen Plunges, Nikkei Soars After BOJ’s Uchida Says “Will Not Raise Rates When Markets Are Unstable” – Tyler Durden

​Capitulation: Yen Plunges, Nikkei Soars After BOJ’s Uchida Says “Will Not Raise Rates When Markets Are Unstable” – Tyler Durden

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​Capitulation: Yen Plunges, Nikkei Soars After BOJ’s Uchida Says “Will Not Raise Rates When Markets Are Unstable” – Tyler Durden

Capitulation: Yen Plunges, Nikkei Soars After BOJ’s Uchida Says “Will Not Raise Rates When Markets Are Unstable” It hasn’t been even a full week since the BOJ’s catastrophic decision to hike rates by 25bps in a slowing, deflating economy, a decision which we said the BOJ would make for purely political reasons, yet which touched on in our preview last week…. BOJ preview: whatever is the dumbest possible thing that can happen, is what will happen. 100% guaranteed — zerohedge (@zerohedge) July 30, 2024 … a decision which we also said would be reversed on very short notice… Who will…  — Continue at ZeroHedge News : Read More