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Bank of Japan Governor acknowledges need for better communication after a surprise rate hike in July contributed to market downturn.
Bank of Japan Governor Kazuo Ueda has acknowledged the need for improved communication with markets following criticism of a surprise interest rate hike in July, which contributed to a market downturn.
The BOJ is exploring strategies to clarify its messaging, potentially increasing media engagements to prevent future surprises.
However, differing interpretations among policymakers may complicate a unified communication approach as further rate hikes are anticipated.
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El gobernador del Banco de Japón reconoce la necesidad de una mejor comunicación después de que un aumento de la tasa de interés sorpresa en julio contribuyó a la desaceleración del mercado.