The Bank of Japan (BOJ) is considering a near-term interest rate hike, with discussions in June highlighting the potential for an increase to address inflation risks. One policymaker advocated for an immediate hike, while Moody's analyst De Guzman suggested the BOJ might take more time to raise rates. The BOJ's summary signals a possible rate hike in July amid upside price risks. Additionally, the BOJ is expected to unveil a roadmap for quantitative tightening (QT) in July, which could be more significant than the markets anticipate. The BOJ's plans could result in a hawkish double surprise.
The BOJ will raise its interest rate in July in addition to unveiling a roadmap for its path toward quantitative tightening, according to some economists https://t.co/Pt9IeGhNgr
Bank of Japan opens door for a hawkish double surprise - Reuters https://t.co/3sFMTcvX5f
Bank of Japan opens door for a hawkish double surprise https://t.co/nkwjj3RxNL via @Reuters
Bank Of Japan Opens Door For A Hawkish Double Surprise - MS https://t.co/gaRfBVwsM2
Bank of Japan opens door for a hawkish double surprise
๐ต ANALYSIS-BANK OF JAPAN OPENS DOOR FOR A HAWKISH DOUBLE SURPRISE Full Story โ https://t.co/OPyrMEQUrp The Bank of Japan is dropping signals its quantitative tightening (QT) plan in July could be bigger than markets think, and may even be accompanied by an interest rateโฆ https://t.co/dG4pmG9nDh
MOODY'S DE GUZMAN: THE BOJ IS LIKELY TO TAKE TIME RAISING INTEREST RATES.
#Japan | #BOJ Summary Signals Chance of July Hike Amid Upside Price Risks โ Bloomberg
๐ฏ๐ต #Japan | #BOJ Summary Signals Chance of July Hike Amid Upside Price Risks โ Bloomberg https://t.co/0abSnNtWJv https://t.co/GIFWdsjk8q
The Bank of Japan debated in June the chance of a near-term interest rate hike with one policymaker calling for an increase without delay to address risks of inflation overshooting expectations, a meeting summary showed Monday. https://t.co/VmUIga9qFa