The Bank of Japan is leaning toward raising its benchmark interest rate by a quarter point this month in response to upward price risks, while leaving open the possibility of accelerating the pace of hikes thereafter, according to people familiar with the matter. Bloomberg’s Skylar Montgomery Koning has more. (Source: Bloomberg)
BOJ Is Said to Be Leaning Toward a Quarter-Point Hike
The Bank of Japan is leaning toward raising its benchmark interest rate by a quarter point this month in response to upward price risks, while leaving open the possibility of accelerating the pace of hikes thereafter, according to people familiar…
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