✉news BusinessBanking first seen 4 h ago, last 4 h ago, peak #22
Bank of Japan debated faster rate hikes in July, minutes show
Original: Bank of Japan debated need for faster rate hikes, July minutes show By Reuters
Minutes from the Bank of Japan's July policy meeting show board members debated whether interest rates needed to rise faster, according to the document released via Reuters. The discussion highlights internal divisions over the pace of monetary tightening as Japan continues moving away from decades of ultra-loose policy. Investors are watching closely for hints about the timing and size of the next rate increase.
Why now: Traders and economists are parsing the minutes for signals about the pace of future Bank of Japan rate hikes.
Evidence
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