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✉news BusinessBanking first seen 2 h ago, last 6 min ago, peak #2

Bank of Japan debated need for faster rate hikes, minutes show

Original: Bank of Japan debated need for faster rate hikes, July minutes show

Minutes from the Bank of Japan's July policy meeting show board members debated the need to raise interest rates at a faster pace than previously planned. The discussion highlights growing concern inside the central bank over inflation pressures and the pace of policy normalisation. Markets will read the minutes for clues on the timing of the next rate move.

Why now: Investors are watching for signals on the timing and speed of the Bank of Japan's next rate hike.

Bank of Japan

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