Bank of Japan calls for data review before adjusting policy - Breaking The News
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Bank of Japan calls for data review before adjusting policy

EPA-EFE/FRANCK ROBICHON

The Bank of Japan (BoJ) released the Summary of Opinions from its December monetary policy meeting, outlining differing views on future monetary adjustments. One BoJ member emphasized the importance of closely monitoring data before adjusting monetary support, especially with uncertainty surrounding global factors like the US administration's policies.

Another member highlighted the need to track wage negotiations and suggested that Japan's economy and inflation remain on track. Despite rising upside risks, there was no urgency to raise interest rates, with some members proposing to maintain current policy until clearer economic conditions emerge.

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