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Macroeconomics International Central Banks: the BoJ Will Not Move Tab in July, While Powell Scores His Speech in Congress the Day Before and Does Not Bring Any News

Summary by Consenso Del Mercado
Intermoney Market Consensus The Bank of Japan minutes do not suggest an immediate urgency to raise interest rates. Most likely we will not see a new rate adjustment in the third quarter of this year and confirms our idea that the bank is moving in tortoise footsteps. Several members were allowed to cite the downward risk to economic activity posed by US tariffs and the situation in the Middle East, [...]
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Intermoney Market Consensus The Bank of Japan minutes do not suggest an immediate urgency to raise interest rates. Most likely we will not see a new rate adjustment in the third quarter of this year and confirms our idea that the bank is moving in tortoise footsteps. Several members were allowed to cite the downward risk to economic activity posed by US tariffs and the situation in the Middle East, [...]

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Consenso del Mercado broke the news in on Thursday, June 26, 2025.
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