BOJ debated need for caution in raising rates, Oct minutes show


The BoJ’s headquarters in Tokyo. — Bloomberg

TOKYO: Bank of Japan policymakers agreed in October to keep raising interest rates if the economy moves in line with their forecast, but some stressed the need for caution on uncertainty over U.S. economic policy, minutes of the meeting showed on Tuesday.

The debate highlights how overseas economic risks, particularly those surrounding the new U.S. administration's policies, will be key to how soon the BOJ will hike rates.

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Japan , BOJ , Bank Of Japan , Interest rate

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