BOJ debated chance of resuming rate hike, July summary shows
From channelnewsasia.com
Some Bank of Japan policymakers warned of mounting inflationary pressures and one signaled the chance of resuming interest rate increases by year-end, a summary of opinions at the July meeting showed, keeping alive the possibility of a near-term rate hike. While several board members warned of lingering uncertainty over the fallout from U.S. tariffs, one welcomed Japan's trade deal with the U.S. as "great progress" that heightened the likelihood of achieving the BOJ's forecast, the summary showed on Friday. One member said the BOJ needed "at least two to three more months" to assess the impact of U.S. tariffs, adding ...
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