Bank of Japan Summary Flags Upside Price Risks, Hints at Faster Rate Hike Pace

A summary from the Bank of Japan's July meeting indicated growing concerns about upside price risks and suggested a potentially faster pace for future interest rate hikes.

10 Aug, 01:43 — 10 Aug, 01:43

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japan-timesMostly Factual20d ago

BOJ summary flags upside price risks, possible faster hike pace

At its July meeting, the BOJ held its policy rate at 1% and signaled it could possibly raise it in September, saying it's watching the weak yen's impact on prices and growth.

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Bank of Japan Summary Flags Upside Price Risks, Hints at Faster Rate Hike Pace

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BOJ summary flags upside price risks, possible faster hike pace

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