BOJ Minutes Reveal Board Consensus for Further Rate Hikes
Minutes from the Bank of Japan's latest meeting show members agreed it was appropriate to continue raising the policy rate, with one member noting that moving closer to neutral levels would aid long-term economic stability.
USDJPY
The Bank of Japan released minutes from its latest policy meeting, revealing a board member’s view that gradually bringing the policy rate toward a neutral level would support long-term economic and price stability.
The discussion showed broad agreement among members that continuing to raise interest rates was the appropriate course of action.
Source: First Squawk