Minutes - Breaking The News
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  • BoJ says some members saw case for hiking rates
    A few of the Bank of Japan's board members called for raising interest rates, the BoJ's Minutes of its July meeting revealed on Thursday. One of the members said that the BoJ should hike borrowing costs "timely and gradually" so as to avoid being forced to hike rates rapidly later, while another...
  • Australia's central bank sees stronger case for holding rates
    The Reserve Bank of Australia (RBA) judged that the case for holding rates steady is stronger than for hiking them, the bank's June meeting minutes revealed on Tuesday.The decision to hold the rates steady stemmed from the view that "the economy was still broadly tracking on a path consistent...
  • BoJ expresses concern over weak yen on inflation, wages
    The Bank of Japan (BoJ) expressed its concern over the impact a weak yen could have on inflation and wages, with one member stating that the impact might "not prove temporary," the BoJ's Minutes of its April meeting revealed.A different member noted that the depreciation of the yen, along with the...
  • BoJ says Japan's tightening different than EU, US
    The Bank of Japan (BoJ) expressed that the bank's move in March is "different from the monetary tightening phase experienced in the United States and Europe," the BoJ's Minutes of its March meeting revealed.The meeting's members also agreed that long-term interest rates should be determined by...
  • Bank of Japan agreed to 'patiently' maintain loose policy
    Bank of Japan members agreed to "patiently continue with monetary easing" at their policy meeting which took place in December 2023, minutes from the meeting published on Friday showed. "Many members pointed out that, in determining whether to terminate the negative interest rate policy and...
  • Fed: Rate cuts shouldn't take place in 2023
    United States Federal Reserve's Federal Open Market Committee (FOMC) members unanimously agreed that the cuts in interest rates wouldn't be appropriate in 2023 and that more hikes are to follow, it was revealed on Wednesday in the central bank's minutes from the December meeting. Due...
  • BoJ sees emerging economies as weak
    The minutes from the July meeting of the Bank of Japan (BoJ) reveal that the weakness in the emerging economies was often mentioned as an influential, although mostly negative, force in the economic developments around the world. According to the minutes, released on Tuesday, "the...
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