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Why the BOJ will bet small on rate hikes now to avoid a bigger shock later

Westpac Banking's Luci Ellis cites more resilient household incomes and larger spillovers from the data center boom as reasons for changing the call for the Reserve Bank to raise the cash rate to 4.6% in November, according to a research note published Tuesday.

The yen's sudden surge is upsetting the carry trade faithful

BIT: The Federal Reserve is expected to keep interest rates unchanged, and the US stock market is likely to fluctuate upward in September