Bank of Japan Summary - rate hikes ahead will be slow to come
Reuters have posted a recap of the Bank of Japan 'Summary' published earlier in the session.Main points it makes:BOJ policymakers saw need to go slow in future rate hikes One member said Japan does not need rapid rate hikes BOJ must communicate it was not shifting to tighter policy Summary shows BOJ board was divided on strength of economyThe link is here for more. -My post on the headlines from the Summary is here:BOJ 'Summary' of the historic March 2024 meeting-USD/JPY meanwhile has made a small lap up and down again: This article was written by Eamonn Sheridan at www.forexlive.com.
Reuters have posted a recap of the Bank of Japan 'Summary' published earlier in the session.
Main points it makes:
- BOJ policymakers saw need to go slow in future rate hikes
- One member said Japan does not need rapid rate hikes
- BOJ must communicate it was not shifting to tighter policy
- Summary shows BOJ board was divided on strength of economy
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My post on the headlines from the Summary is here:
BOJ 'Summary' of the historic March 2024 meeting
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USD/JPY meanwhile has made a small lap up and down again: This article was written by Eamonn Sheridan at www.forexlive.com.
