Bank of Japan debates near-term interest rate hike at June meeting due to inflation risks.

The Bank of Japan (BOJ) debated the possibility of a near-term interest rate hike at its June meeting, as one policymaker called for an increase to address inflation risks. The central bank is closely monitoring inflationary pressures in Japan's economy, with the appropriate policy rate potentially increasing. The discussion highlights the growing concern over upside price risks, potentially leading to a rate hike as early as the next policy meeting on July 30-31.

June 23, 2024
6 Articles

Further Reading