BoJ leaning to keep rates steady next week – Reuters

Source Fxstreet

Citing five sources familiar with the Bank of Japan’s (BoJ) thinking, Reuters reported on Thursday that the Japanese central bank is considering to keeping interest rates steady next week.

A source said, “policymakers prefer to spend more time scrutinising overseas risks and clues on next year's wage outlook.”

"Japan isn't in a situation where imminent rate hikes are needed," one of the sources said.

"With inflation benign, it can afford to spend time scrutinising various data," another source said, a view echoed by two more sources.

 

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