October minutes show board members called for faster tightening at meeting that resulted in hold
Japan’s economy is at a “crossroads”, cabinet officials told the country’s central bank at its October monetary policy meeting, according to a summary published today (November 10) that also showed some of the bank’s board members calling for faster tightening.
The anonymised summary of the October 29–30 meeting – after which the Bank of Japan left its benchmark lending rate at 1.25% – showed that officials from the cabinet office believed a key question for the economy was whether it could enter
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