✉news BusinessBanking first seen 4 h ago, last 4 h ago, peak #16
BOJ July Meeting Heard Calls for Faster Rate Hikes
Original: Calls for Faster Rate Hikes Voiced at BOJ July Meeting
Minutes from the Bank of Japan's July policy meeting show some board members called for raising interest rates faster than planned, citing persistent inflation pressure. The discussion signals growing debate within the central bank over the pace of its exit from ultra-loose monetary policy, even as it holds rates near historic lows.
Why now: The release of the July meeting minutes has renewed speculation about the timing of the BOJ's next rate increase.
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