Deep Tide TechFlow News, on February 25th, according to Jin10 Data, market concerns over the Bank of Japan's rate hike path persist, and the yen continues to consolidate against other G10 and Asian currencies. According to local media reports, Japanese Prime Minister Fumio Kishida expressed concerns about further rate hikes during a meeting with Bank of Japan Governor Kazuo Ueda last week. National Australia Bank's Head of Market Research, Skye Masters, pointed out that given the market's previous expectation that Fumio Kishida might adjust the monetary policy stance, this latest news has brought uncertainty back to the market. This has led investors to closely watch her nominations for the two new Bank of Japan board members today.
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Deep Tide TechFlow News, on February 25th, according to Jin10 Data, market concerns over the Bank of Japan's rate hike path persist, and the yen continues to consolidate against other G10 and Asian currencies. According to local media reports, Japanese Prime Minister Fumio Kishida expressed concerns about further rate hikes during a meeting with Bank of Japan Governor Kazuo Ueda last week. National Australia Bank's Head of Market Research, Skye Masters, pointed out that given the market's previous expectation that Fumio Kishida might adjust the monetary policy stance, this latest news has brought uncertainty back to the market. This has led investors to closely watch her nominations for the two new Bank of Japan board members today.