Good sign: An electronic stock board displays Japan’s Nikkei 225 index in Tokyo. It is important for the central bank to continue to deepen discussions on issues such as the timing of the exit from the current monetary policy, says a board member. — AP
TOKYO: Bank of Japan board members have discussed the potential timing of the nation’s first interest rate hike since 2007 during their December meeting, with several members indicating they see no rush to make the move.
“It would not be too late even if the bank makes a decision after it sees developments in labour-management wage negotiations next spring,” one of nine board members said at the Dec 18 and 19 gathering.
