BoJ Signals Openness to Faster Rate Hikes on Yen Price Pressures

According to a Bloomberg report, the Bank of Japan (BoJ) has signaled that it is open to a faster pace of interest rate hikes, citing the yen's weakness as an added price risk. While the BoJ is widely expected to hold its policy rate steady at the July meeting, the central bank's stance indicates a potential shift toward more aggressive tightening if inflationary pressures from the yen persist. The report highlights the BoJ's sensitivity to currency movements and their impact on the inflation outlook.