IEA: With global oil inventories declining at a record pace, oil prices may surge further
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Bank of Japan's Policy Rate Unlikely to Rise Above 2% -- Market Talk
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Kazuo Ueda stated that the underlying price trend is steadily approaching the 2% policy target. With both corporate wage increases and pricing behaviors becoming more positive, there is a risk that the inflation rate may exceed the target. He mentioned that there is no predetermined idea on the specific pace of rate hikes; policy decisions will be made after thorough discussions at each meeting, taking into account the timing and pace of any policy adjustments.
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