BOJ minutes: members urge gradual rate hikes to curb upside price risks
Briefing by News4U · First published
Wall Street CN reported that the Bank of Japan’s September policy meeting minutes showed all members agreed the central bank should continue raising policy rates and adjusting monetary easing. Members stressed the need to keep inflation stable near 2%, act flexibly to prevent upside price deviations, and avoid overly cautious or hasty moves. Several members noted difficulty in determining the neutral rate level. Cabinet Office representatives said the BOJ must fulfill accountability for past rate hikes and consider the neutral rate in future policy. [1]
Sources
- 快讯
Wall Street CN · · Full text