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Bank of Japan Meeting Minutes: Future Calls for Maintaining Stable Rate Hike Pace Every Few Months
Summary: According to sources, the Bank of Japan meeting minutes revealed that a member stated the need for the central bank to raise interest rates at a pace of approximately every few months for a period of time. Even if the policy rate is raised to 0.75%, Japan's real interest rates will still remain deeply negative.
According to sources, the Bank of Japan meeting minutes revealed that a member stated the need for the central bank to raise interest rates at a pace of approximately every few months for a period of time. Even if the policy rate is raised to 0.75%, Japan's real interest rates will still remain deeply negative.
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Link: Bank of Japan Meeting Minutes: Future Calls for Maintaining Stable Rate Hike Pace Every Few Months [Copy]
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Link: Bank of Japan Meeting Minutes: Future Calls for Maintaining Stable Rate Hike Pace Every Few Months [Copy]