Hee's the key test for next Bank of Japan (BoJ) rate hike: Whether price rises stick

A modest downward revision to the BOJ's inflation forecast would on its own read dovish, but the accompanying signal that hiking conditions remain intact should keep JGB yields and yen-hawkish positioning supported. The real swing factor for markets is whether summer food and beverage price increases prove durable, since that is what Daiwa flags as decisive…

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