Bank of Japan Split on Interest Rate Hike Timing, October Meeting Summary Reveals

Reported 14 days ago

The Bank of Japan's October policy meeting summary indicates a split among policymakers regarding the timing of potential interest rate hikes. While some members caution against rushing due to possible market volatility, others stress the importance of clearly communicating the bank's commitment to adjust rates as economic conditions improve. Despite maintaining ultra-low rates, the BOJ acknowledges that the risk surrounding the U.S. economy appears to be diminishing.

Source: YAHOO

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