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  • BOJ Is in No Rush to Hike in October, Looking to Move Later

    From bnnbloomberg.ca

    Bank of Japan officials see little need to rush into raising interest rates this month while they remain on track to hike at a later stage with inflation staying in line with forecasts, according to people familiar with the matter. Officials see only a small risk of prices significantly outpacing the central bank’s quarterly projections set out in July, reducing the need to act quickly, the people said. The BOJ also sees a need to monitor the US economy and the potential economic and market impact of the US election next month among other sources of high uncertainty before its next move, the people added. The BOJ ... (full story)

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