A post by @FirstSquawk on X.

Bank of Japan minutes showed at least one policy board member calling for the policy rate to be brought closer to the bank’s approximate goal relatively soon, while preserving room for nimble adjustment in either direction, and another member urging timely action without becoming overly cautious. The remarks signal continued internal appetite for further normalization, though the minutes do not specify a timeline or the size of any move. The debate matters because it shapes expectations for the pace of Japanese rate increases and the resulting spillover into the yen, JGB yields and global carry trades. Traders will watch upcoming BOJ communications and domestic wage and inflation data for confirmation of how quickly the board intends to act.