US EditionBank of Japan notes uncertainty in global economy
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Japan Bank Proceedings reveal a low bar for types of types in the face of the commercial agreement - BBH - World Stock Market
The Japanese Yen (JPY) and the JGB ignored the minutes of the monetary policy meeting of the Japan Bank of June 16-17, BBH FX analysts report. Boj’s minutes suggest a limited bullish potential of the JPY despite the wares of rates “At that meeting, the BOJ unanimously decided to maintain the policy rate by 0.50% and presented a plan to reduce the rhythm of JGB purchases.” “Interestingly, the minutes showed that ‘some members expressed the opinio…
Some in Bank of Japan saw scope to hike rates if trade friction eases, June minutes show
Some Bank of Japan policymakers saw scope to resume interest rate increases once trade friction caused by US tariffs eased, minutes of the bank’s June meeting showed, a sign Tokyo’s recent trade deal with Washington cleared a key hurdle for more hikes.
At the Bank of Japan's monetary policy meeting held on June 16 and 17, several members expressed the view that, given the firm wage growth and slightly higher inflation, the bank would consider resuming the interest rate hike process once trade issues are expected to progress in a moderate manner.
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