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

🇯🇵 The Straits Times (JP) —
Bank of Japan debated need for faster rate hikes, July minutes show

AI Summary

The Bank of Japan debated the need for faster interest rate hikes in its July meeting as revealed by recent minutes. The central bank has pushed its policy rate to a 31-year high in September, influenced by the Middle East conflict and a weakening yen.

The central bank pushed its policy rate to a 31-year high in September amid the Middle East war and a weak yen.

World Politics Markets Bank of Japan interest rates Japanese yen Middle East conflict monetary policy economy

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