A post by @FirstSquawk on X.
BOJ SEPTEMBER MEETING MINUTES SHOW MEMBERS AGREED IT WAS APPROPRIATE THAT THE BANK CONTINUE TO RAISE THE POLICY INTEREST RATE AND ADJUST THE DEGREE OF MONETARY ACCOMMODATION
@FirstSquawk on X
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Minutes from the Bank of Japan's September meeting show policymakers agreed it was appropriate to keep raising the policy interest rate and to adjust the degree of monetary accommodation. The consensus signals a continued normalization path away from years of ultra-loose policy, reinforcing expectations for further tightening. The minutes matter for global markets because higher Japanese rates could influence yen carry trades, JGB yields and capital flows into risk assets. Traders will watch upcoming BOJ communications and domestic wage and inflation data for the timing and pace of the next hike.
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Bank of Japan