BOJ divided on rate hike timing, October summary shows

Quick Summary:

TOKYO :Bank of Japan policymakers were divided on how soon they could raise interest rates with some warning of the risk of renewed market volatility, a summary of opinions at the October policy meeting showed on Monday.

Another member said the BOJ must "take time and exercise caution" when raising rates.

FILE PHOTO: The Japanese national flag waves at the Bank of Japan building in Tokyo, Japan March 18, 2024.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Market Member Japan Summary Bank Developments Showed Economy Tokyo Rates Interest

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 08:14:20 (3 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 279 words

Reading Time: 2 minutes read

Sentences: 19 lines

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