BOJ September Opinions Flag Further Rate Hikes, 2% Anchor
The Bank of Japan's September summary of opinions showed one member backing continued rate increases and another urging the central bank to anchor underlying inflation around 2%.
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The Bank of Japan's September summary of opinions revealed a hawkish tilt among policymakers.
One member said it is appropriate to continue raising rates in accordance with economic, price and financial developments. Another said the policy phase has changed and the BOJ must focus on anchoring underlying inflation around 2%.
The remarks point to continued support for gradual policy normalization.
Source: First Squawk