Business · Economy · 3 hrs ago

BOJ Officials Lean Against October Rate Hike, See Possible Move in December

BOJ Officials Lean Against October Rate Hike, See Possible Move in December

Bank of Japan officials are leaning against raising rates in October.

The Bank of Japan, or BOJ, sets interest rates in Japan.

An October increase would be a rare back-to-back hike, according to people familiar with the matter.

Officials are still considering another rate move.

That move could come as soon as December.

Their stance points to a possible pause in October, not a decision to rule out another increase.

Sources

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