{
  "id": 17780420,
  "title": "Still-negative Japanese real rates should continue to support USD/JPY: UBS",
  "url": "https://urgent.news/2026/11/02/still-negative-japanese-real-rates-should-continue-to-support-usd-jpy",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T10:17:41.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/forex-news/stillnegative-japanese-real-rates-should-continue-to-support-usdjpy-ubs-93CH-4990645"
  },
  "original_language": "en",
  "account": "The Bank of Japan kept its policy rate unchanged at 1.25% last week, forgoing consecutive rate hikes. This marks the central bank's first assessment of underlying inflation, which it deemed generally consistent with its 2% price stability objective. UBS believes this assessment marks an important step and bolsters arguments for further policy normalization. The central bank's decision to maintain rates suggests it has not signaled a more aggressive tightening cycle. UBS views this as reducing the risk of further significant yen weakness. However, they note that conditions for a sustained yen recovery remain absent. Elevated oil prices, high U.S. yields, and still-negative Japanese real rates are cited as factors likely to continue supporting the USD/JPY exchange rate.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}