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Federal Reserve poised to leave rates unchanged as it tracks progress toward a 'soft landing'

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By CHRISTOPHER RUGABER

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“Globally, monetary policy is on a tightening track, and that puts some upward pressure on rates in the U.S.,” said William English, a former senior Fed official who is now a professor at Yale School of Management.

Yep, SMBC is offering over 5% interest for its US denominated deposit...how long can Ueda balance these forces...

https://asia.nikkei.com/Business/Finance/Japan-s-SMBC-to-boost-rates-on-dollar-deposits-to-5.3-from-0.01

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