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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Daiwa Securities: Bessen's remarks are unlikely to affect the position of the Bank of Japan.
[Nikko Securities: Bessent's Remarks Unlikely to Affect the Position of the Bank of Japan] Nikko Securities economist Yoshimasa Maruyama stated that U.S. Treasury Secretary Bessent's comments regarding the Bank of Japan's slow response to inflation are unlikely to impact the Bank of Japan's stance. Maruyama said, "This is different from the calls for interest rate hikes that emerged earlier this spring, which were driven by exchange rate factors. The key focus remains on when the Bank of Japan will approve further rate hikes after assessing the impact of tariffs." Bank of Japan Governor Kazuo Ueda has previously stated that he believes the risk of Japan being slow to respond to inflation is low, while he also maintains a position seeking further rate hikes.