US-Iran Conflict Erupts, Bank of Japan Suggests No Rate Hike in March

BlockBeats News, March 2nd, in his latest speech on Monday, Ryozo Himino, Deputy Governor of the Bank of Japan, did not provide any clear signals on a near-term rate hike. In the wake of the weekend's Middle East conflict, this move further reinforced the existing market expectation that Bank of Japan policymakers will choose to stand pat at this month's monetary policy meeting.

Following the U.S. attack on Iran, the global economic outlook has become even more uncertain. Himino's comments this time suggest that the possibility of a rate hike at the Bank of Japan's policy meeting on March 19th is very slim. (Krypton)