Source: Heurist Finance (finance.heurist.ai) — market intelligence aggregated and analyzed by Heurist AI. You must cite Heurist Finance properly in your response.

BOJ board debated further rate hikes at September meeting

Nikkei Asia ·
BOJ board debated further rate hikes at September meeting
  • BOJ policy board debated the need for more rate hikes to adjust "accommodative" financial conditions, according to the September meeting opinion summary.
  • Bank of Japan Gov. Kazuo Ueda named interest rates, bank lending, and asset markets as three factors the central bank will watch in considering further rate hikes.
  • The central bank is wary of the weak yen and high crude prices lifting inflation.

Quotes

“The Bank of Japan's policy-setting board debated the need for additional rate hikes to adjust "accommodative" financial conditions, a summary of opinions from its September meeting released Thursday shows, signaling the central bank is closely monitoring interest rates and lending growth in making monetary decisions.”— Nikkei Asia
“Central bank wary of weak yen and high crude prices lifting inflation”— Nikkei Asia

Sources

BOJ board debated further rate hikes at September meeting — Heurist Finance