Some BOJ Members Saw Scope to Hike Rates Further, July Meeting Minutes Show
At the July meeting, the BOJ raised short-term interest rates to 0.25% and unveiled a detailed plan to slow its massive bond buying, taking another step towards phasing out a decade of huge stimulus. Copyright 2024 Thomson Reuters.
Japan's leadership race clouds BOJ's rate hike path
Political uncertainty and the surprise prominence of a reflationist-minded candidate in Japan's ruling party leadership race may add pressure on the central bank to go slow on raising interest rates further away from historic lows.
Tokyo Home Prices Are Seen to Largely Withstand BOJ Rate Hikes
Tokyo residential property prices are likely to hold up after the Bank of Japan’s interest-rate increases, though some areas may see declines, industry experts say.
Japan inflation firms to 2.8% ahead of BoJ rate decision
Japanese inflation rose slightly in August, with prices up 2.8 percent year-on-year, official data showed Friday, hours before the Bank of Japan was widely expected to leave interest rates unchanged.
BOJ signals no rush in raising rates again, keeps policy steady
The Bank of Japan is set to keep monetary policy steady on Friday, but signal its confidence that solid wage growth and consumption will allow the central bank to raise interest rates again in coming months.
Japanese yen at three-week low versus dollar; BoJ seems to be in no rush to hike rates
The Japanese yen slipped to a near three week low against the dollar on Tuesday as the US currency regained some ground after having slipped to a 14 month low in recent days after US Fed went ahead with a 50bps rate cut and sighted further cuts for the year ahead.
Japanese Yen holds ground despite increasing doubts over BoJ rate hikes
The Japanese Yen may struggle as the BoJ appears to be in no rush to raise interest rates. Japan’s Finance Minister Suzuki has expressed his expectation that the BoJ will adopt appropriate monetary policy measures.
BOJ chief signals no rush to raise rates further
The Bank of Japan can afford to spend time watching developments in financial markets and overseas economies as it sets monetary policy, Governor Kazuo Ueda said on Tuesday, suggesting that the central bank was in no rush to raise interest rates further.
BOJ policymakers divided on future rate hike pace, July minutes show
Bank of Japan policymakers were divided on how quickly the central bank should raise interest rates further, minutes of the ...
BOJ’s Ueda Lowers Risk of October Hike With Cautious Hold
The Bank of Japan kept its monetary policy steady Friday, signaling it sees no need to hurry with interest rate hikes as it ...
BOJ Watchers’ Focus on LDP Election Comes Down to One Candidate
Bank of Japan watchers are keeping a close eye on the leadership election of the nation’s ruling Liberal Democratic Party for ...
BoJ Minutes On Tap For Thursday
The Bank of Japan will on Thursday release the minutes from its monetary policy meeting on July 30-31, highlighting a light day for ...
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Asia FX strengthened as rate cut dents dollar; yen firms as BOJ holds course
Most Asian currencies firmed on Friday, while the dollar nursed losses after the Federal Reserve cut rates by a wide margin ...
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Yen slips as BoJ maintains cautious approach
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Japan's corporate service inflation steady, BOJ focusing on Oct data
A leading indicator of Japan's service-sector inflation held steady at 2.7% in August, data showed on Wednesday, underscoring ...
USD/JPY holds below 145.00 after BoJ Minutes
The Bank of Japan (BoJ) is the Japanese central bank, which sets monetary policy in the country. Its mandate is to issue banknotes and carry out currency and monetary control to ensure price stability ...