Markets | Japan’s cash market brokerage is getting ready for the BOJ to lift charges.

Markets | Japan’s cash market brokerage is getting ready for the BOJ to lift charges.


Employees at one in all Japan’s main cash market brokerages are getting ready for one thing that hasn’t occurred in 17 years: a hike within the central financial institution’s benchmark short-term rate of interest.

“We’re speaking with one another day-after-day,” mentioned Hirokazu Wakamatsu“Market contributors have been skeptical earlier than, however now there may be an air of confidence amongst them that change is for certain,” mentioned Tokyo Tenshi Co.’s government officer and normal supervisor of market operations.

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