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Stock impact report

BOJ set to hold rates steady as Middle East conflict muddles outlook [Yahoo! Finance]

Evercore Inc. Class A (EVR) 
Last evercore inc. class a earnings: 4/22 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
TOKYO, March 19 (Reuters) - The Bank of Japan is expected to keep interest rates steady on Thursday, as it awaits more clarity on how the deepening Middle East conflict ?could affect the trajectory of an import-reliant economy that had already seen inflationary pressure build up. The ?decision comes in a week crammed with central bank meetings including by the Federal Reserve and European Central Bank, all of ?which have seen their policy path muddled by the Middle East oil shock. Governor Kazuo Ueda is likely to maintain the BOJ's pledge to keep raising still-low borrowing costs but offer few clues on the next rate-hike timing, which would depend much on how long the war could last, analysts say. "Japan faces two-sided risks from ?the energy shock," with higher oil prices ?seen weighing on the economy while pushing up inflation, analysts at Evercore ISI wrote in a research note. "We think the aim (for Ueda) will be to keep the ?next meeting in April live for a hike without i Show less Read more
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