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BoJ’s Uchida: We won't hike rates when markets are unstable

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Summary
Nutrition label

72% Informative

Bank of Japan Deputy Governor Shinichi Uchida expressed his view on the bank’s interest rate outlook, exchange value and the current market volatility.

The Japanese Yen sees a fresh bout of selling following these dovish remarks from the BoJ official.

Short-term interest rate, at 0.25% , is still very low on real basis, so we continue to support economy with very loose policy.

VR Score

78

Informative language

82

Neutral language

35

Article tone

informal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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