Deep Tide TechFlow News, January 20th, according to Jinshi Data, reports that the Bank of Japan is expected to raise its economic growth forecast on Friday and indicate its readiness to further raise interest rates. Recent yen depreciation and positive wage growth prospects have kept policymakers vigilant, aiming to curb inflationary pressures. However, Bank of Japan Governor Ueda Kazuo is unlikely to reveal a specific timeline for resuming rate hikes. This decision has become more complex due to rising bond yields and the upcoming early general election scheduled for February. The Bank of Japan just raised interest rates to 0.75% in December last year, the highest level in 30 years, and is expected to keep rates unchanged this Friday.

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