BOJ signals December rate hike, but path beyond 1.5% remains uncertain

BOJ signals December rate hike, but path beyond 1.5% remains uncertain

The Bank of Japan has strengthened signals of a possible December rate hike as inflation remains above target. However, uncertainty over Japans neutral interest rate and the impact of higher borrowing costs leaves the central banks longer-term tightening path unclear.

Analysis-BOJ locks in December hike, but neutral-rate uncertainty muddies outlook

By Leika Kihara TOKYO, Nov 2 (Reuters) - Bank of Japan Governor Kazuo Ueda has all but locked in a December rate hike, but left investors guessing how much further it could go once rates approach neutral territory, a largely unfamiliar setting after de...