BoJ Minutes Reveal Shift Toward Preventing Inflation Overshoot, But Rate Hike Pace Divides Members

Minutes of BoJ’s September 17–18 monetary policy meeting, released on November 5, revealed growing concern among policymakers about the risk of underlying inflation exceeding the 2% target, alongside disagreements over the appropriate pace of further tightening. At that meeting, BoJ raised its policy rate from 1.00% to 1.25% by a 7–2 vote, with Asada Toichiro […] The post BoJ Minutes Reveal Shift Toward Preventing Inflation Overshoot, But Rate Hike Pace Divides Members appeared first on ActionForex.