BoJ May Consider Rate Hike in September, Jiji Press Reports
The Bank of Japan may discuss an additional interest rate increase at its September 17-18 meeting, according to Jiji Press, after holding rates in July to address inflation risks.
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Jiji Press reported that the Bank of Japan could deliberate another rate hike during its September 17-18 policy meeting. The central bank kept rates steady in July.
Policymakers are concerned about persistent upward pressure on inflation, which may warrant further tightening. The potential move underscores the BoJ's focus on upside price risks.
Source: FXStreet Forex News