Global Market: BOJ policymakers see scope for faster rate hikes as inflation pressure builds
Bank of Japan policymakers saw scope for faster interest rate hikes as persistent inflationary pressures raise concerns about price growth exceeding the central bank’s 2% target. A summary of its September meeting showed support for further tightening, although some policymakers argued against rushing and stressed the need to monitor economic developments.
Key Takeaways
- Bank of Japan policymakers saw scope for faster interest rate hikes as persistent inflationary pressures raise concerns about price growth exceeding the central bank’s 2% target.
- A summary of its September meeting showed support for further tightening, although some policymakers argued against rushing and stressed the need to monitor economic developments.
- Full details and original dispatch available below.
Bank of Japan policymakers saw scope for faster interest rate hikes as persistent inflationary pressures raise concerns about price growth exceeding the central bank’s 2% target. A summary of its September meeting showed support for further tightening, although some policymakers argued against rushing and stressed the need to monitor economic developments.
Original Publisher Attribution
This summary was curated from Economic Times.