Exclusive-BOJ to weigh rate hike next week, detail plan to halve bond buying, sources say

Q: How long will it take to read this news story?

The story "Exclusive-BOJ to weigh rate hike next week, detail plan to halve bond buying, sources say" has 718 words across 24 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Exclusive-BOJ to weigh rate hike next week, detail plan to halve bond buying, sources say" was covered 3 hours ago by Channel News Asia, a news publisher based in Singapore.

Q: How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news. The outlet is headquartered in Singapore and publishes an average of 48 news stories per day. It's most recent story was published 39 minutes ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21760956</li><li>URL: https://beamstart.com/news/exclusive-boj-to-weigh-rate-17218144209366</li></ul>

Channel News Asia Logo Channel News Asia 3h ago

Exclusive-BOJ to weigh rate hike next week, detail plan to halve bond buying, sources say - Channel News Asia

Quick Summary:

TOKYO : The Bank of Japan is likely to debate whether to raise interest rates when it meets next week and unveil a plan to roughly halve bond purchases in coming years, sources said, signaling its resolve to steadily unwind its massive monetary stimulus.

Another rate hike will still keep Japan's monetary condition very loose," a second source said, a view echoed by two more sources.

Over three-quarters of economists polled by Reuters expect the central bank to stand pat this month and possibly next move in September or October, but sources suggested the outcome of the July 30-31 meeting was considerably less certain.