- The Bank of Japan lifted its policy rate as expected, but the 7-2 vote with dissents from Toichiro Asada and Ayano Sato raised doubts about the pace of further tightening.
- The yen extended declines against the dollar, falling as much as 0.7% to 157.09 per greenback after the decision.
Quotes
“The yen extended declines against the dollar after the Bank of Japan lifted interest rates as expected, with two dissents casting doubts on the outlook for further policy tightening.”