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Yen gains as some BOJ policymakers see rate hike soon
The Japanese yen rose off a five-month low against the dollar on Friday after a summary of opinions from the Bank of Japan’s December policy meeting showed some policymakers gaining confidence in an imminent rate increase,
BOJ summary: Multiple policymakers said Japan was in rate hike phase
Policymakers at Japan's central bank decided to maintain interest rates at a meeting last week. But a summary of opinions released Friday shows some expressed positive views about an additional rate hike.
Some BOJ policymakers called for rate hike soon, December summary shows
The BOJ held interest rates steady at 0.25% at this month's meeting, a move Gov. Kazuo Ueda explained was aimed at scrutinizing more data on next year's wage momentum and clarity on the incoming U.S. administration's economic policies.
BOJ produces estimates on how future rate hikes affect earnings
The Bank of Japan released for the first time estimates on how future interest rate hikes could affect its earnings, which showed it will briefly suffer red ink of up to $13 billion if short-term borrowing costs were to go up to 2%.
Bank of Japan Inching Toward Rate Hike, Summary of Opinions Suggests
A summary of opinions from the Bank of Japan’s December meeting suggests that the next interest-rate hike is approaching.
BOJ's Dec summary raises expectations of rate hike soon; keeps policy rate steady at 0.25%
The Summary of the Bank of Japan's December meeting revealed that policymakers discussed the possibility of a near-term rate hike, with some members noting that conditions were aligning for such a move.
BOJ debated rate-hike timing, some called for near-term move, Dec summary shows
Some Bank of Japan policymakers saw conditions falling into place for an imminent rate hike with one predicting a move "in the near future," a summary of opinions at the bank's December meeting showed,
Some BOJ members positive about early rate hikes at Dec. meeting
Some Bank of Japan policymakers sounded positive about further interest rate hikes in the near future, although the central bank decided to keep rates on hold last week, a summary of opinions at a December policy meeting showed Friday.
Bloomberg L.P.
22h
BOJ Signals January Rate Hike Still on Table With Lively Debate
The
Bank of Japan
signaled that a rate hike next month still remains on the table even as cautious views among the majority ...
12h
BoJ’s summary of minutes reveals calls for faster pace of tightening
The BoJ’s decision in December to keep rates at the current level of 0.25 per cent had been voted against by one member. Yet the summary hinted that doubts about the very slow pace of rate rises could ...
3d
BOJ debated need for caution in raising rates, Oct minutes show
Bank of Japan policymakers agreed in October to keep raising interest rates if the economy moves in line with their forecast, ...
2d
USD/JPY Calm As BoJ Core CPI Rises
The Japanese yen is showing limited movement on Tuesday. In the North American session, USD/JPY is trading at 157.33, up 0.11 ...
Channel NewsAsia Singapore
8h
Dollar edges down, yen hovers near 5-month low on BOJ caution
The buoyant dollar slipped a notch on Friday at the end of a holiday-thinned trading week, while the yen hovered near a ...
4d
Ueda’s Caution Risks Yen Punching Holes in BOJ Policy Logic
Bank of Japan Governor Kazuo Ueda’s newfound caution and the renewed yen weakness it has sparked risks damaging the logic of ...
8d
Bank of Japan holds rates and shifts to cautious tone as economic risks rise
Dissent from hawkish member Naoki Tamura overridden by cautious language from governor Kazuo Ueda speaking after decision ...
2d
on MSN
BOJ's Ueda expects further progress in hitting price target next year
The Bank of Japan expects the economy to move closer to sustainably achieving the central bank's 2% inflation target next ...
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