🇯🇵 BOJ Summary:
- Rate Decision: Hiked by 25 bps to 0.75%, as expected.
- Monetary Policy: Real interest rates are expected to remain significantly low.
- Economic Outlook: The economy has recovered moderately, though some weaknesses persist.
- Inflation & Wages: Both wages and inflation are likely to continue rising moderately.
- Labor Market & Corporate Profits: Labor market conditions remain tight, and corporate profits are expected to stay high overall.
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