BOJ's Dec summary raises expectations of rate hike soon; keeps policy rate steady at 0.25%
The Summary of the Bank of Japan's December meeting revealed that policymakers discussed the possibility of a near-term rate hike, with some members noting that conditions were aligning for such a move.
BOJ summary: Multiple policymakers said Japan was in rate hike phase
Policymakers at Japan's central bank decided to maintain interest rates at a meeting last week. But a summary of opinions released Friday shows some expressed positive views about an additional rate hike.
Some BOJ policymakers called for rate hike soon, December summary shows
The BOJ held interest rates steady at 0.25% at this month's meeting, a move Gov. Kazuo Ueda explained was aimed at scrutinizing more data on next year's wage momentum and clarity on the incoming U.S. administration's economic policies.
BOJ debated rate-hike timing, some called for near-term move, December summary shows
TOKYO: Some Bank of Japan policymakers saw conditions falling into place for an imminent rate hike with one predicting a move "in the near future," a summary of opinions at the bank's December meeting showed,
BOJ Set to Weigh Rate Hike While Seeing Little Urgency to Act
The Bank of Japan is set to discuss its rate hike path at this week’s policy meeting, with officials holding the view that there is limited urgency to act even though the next increase in borrowing costs is coming closer.
Bank of Japan Inching Toward Rate Hike, Summary of Opinions Suggests
A summary of opinions from the Bank of Japan’s December meeting suggests that the next interest-rate hike is approaching.
BOJ produces estimates on how future rate hikes affect earnings
The Bank of Japan released for the first time estimates on how future interest rate hikes could affect its earnings, which showed it will briefly suffer red ink of up to $13 billion if short-term borrowing costs were to go up to 2%.
Some BOJ members positive about early rate hikes at Dec. meeting
Some Bank of Japan policymakers sounded positive about further interest rate hikes in the near future, although the central bank decided to keep rates on hold last week, a summary of opinions at a December policy meeting showed Friday.
Yen hovers near 5-month low as BOJ's cautious stance weighs
The yen hovered near a five-month low against the dollar on Friday as the U.S. Federal Reserve's hawkish messaging contrasted ...
BoJ’s summary of minutes reveals calls for faster pace of tightening
The BoJ’s decision in December to keep rates at the current level of 0.25 per cent had been voted against by one member. Yet the summary hinted that doubts about the very slow pace of rate rises could ...
USD/JPY Calm As BoJ Core CPI Rises
The Japanese yen is showing limited movement on Tuesday. In the North American session, USD/JPY is trading at 157.33, up 0.11 ...
ThePrint53m
Dollar steady, yen hovers near 5-month low on BOJ caution
The dollar firmed on Friday at the end of a holiday-thinned trading week, while the yen hovered near a five-month low as traders chewed over ...
Former BOJ head Kuroda to become adviser at private think tank
Former Bank of Japan Governor Haruhiko Kuroda will become an adviser at the Japan Center for Economic Research from January, ...
Ueda’s Caution Risks Yen Punching Holes in BOJ Policy Logic
Bank of Japan Governor Kazuo Ueda’s newfound caution and the renewed yen weakness it has sparked risks damaging the logic of ...