Economy and macroUpdated November 10

BOJ summary flags possible December hike.

The BOJ held rates at its October meeting, but the summary of members’ opinions points toward a possible move soon: many board members see a near-term hike as necessary, making a December increase look likely. That is a strong signal, not a settled decision. The same summary is more cautious about what follows, with debate focused on the pace and timing of future hikes. December is coming into view; the shape of the steps after it is still being discussed.

2 publishers2 reports

Coverage started November 10