BOJ Officials Lean Against October Rate Hike, Eyeing December Move
Updated
Updated · Bloomberg · Oct 13
BOJ Officials Lean Against October Rate Hike, Eyeing December Move
3 articles · Updated · Bloomberg · Oct 13
Summary
BOJ officials are leaning against a second straight rate increase at this month’s meeting, according to people familiar with the matter.
October’s pause reflects a lack of signs that upside inflation risks are accelerating sharply enough to justify back-to-back tightening.
December is still in play for another hike, with policymakers set to scrutinize incoming economic data before deciding whether conditions warrant a move.
The stance signals the BOJ still sees a path to further normalization, but not on an automatic meeting-by-meeting schedule.