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TOKYO (Reuters) -The Bank of Japan must be vigilant to the risk rising food prices could push up underlying inflation that is already near its 2% target, Governor Kazuo Ueda said, signaling the central bank's readiness to continue its rate hikes. The BOJ keeps interest rates low as inflation expectations, or the public's perception on future price moves, stand between 1.5% and 2% - the highest in 30 years though still below its 2% target, Ueda said in a speech at a BOJ-hosted conference.
- Institutions are adopting decentralized assets through traditional counterparties. - Abu Dhabi's Mubadala has increased its IBIT position by 6% from the previous quarter.
- ETFs have transformed the investing landscape for retail and institutional investors. - But not all of them have 'long-term investment merit.'
On Friday morning, 148 companies hit new 52-week lows. Points of Interest: Occidental Petroleum (NYSE: OXY) was the biggest company by market cap to set a new 52-week low. Geovax...