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22 investment banks see USD/JPY at 148.94 by Dec 2026

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INVESTINGLIVEEamonn Sheridan

BoJ April minutes: Three members wanted to move in April; the rest caught up by June

The minutes are retrospectively hawkish given that the BoJ has since moved to 1.00%, validating the three dissenters who argued for exactly that level in April. The more significant market signal is the board's near-unanimous recognition that underlying inflation was approaching

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