UBS On-Air: Paul Donovan Daily Audio 'Consumer matters'
UBS On-Air: Market Moves · Podcast owner
December 19, 20252m 42s
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Show Notes
The Bank of Japan did what was expected and raised rates a quarter point. Dramatic headlines that this is the highest rate in thirty years should not be taken too seriously (parallels to 1995 are not helpful). BoJ governor Ueda emphasised wages as being important to determining future policy decisions.