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Bank of Japan's minutes show concerns about inflation, may not raise interest rates
According to Jinshi Data reports, the minutes of the Bank of Japan's June monetary policy meeting show that many committee members believe the inflation outlook will exceed expectations, but there is significant uncertainty. The debate on whether inflation is temporary may continue until July.
The Bank of Japan has raised its inflation expectations in July, but Governor Kazuo Ueda's hawkish stance has weakened. He emphasized that the pace of price increases will slow down starting next year, which may be the reason for his reduced hawkish tendency.
Japan and the United States completed trade agreement negotiations in July, but the economic impact remains to be reviewed. The summary of opinions from the monetary policy committee in July may evaluate this.
The Bank of Japan has raised its inflation expectations in July, but Governor Kazuo Ueda's hawkish stance has weakened. He emphasized that the pace of price increases will slow down starting next year, which may be the reason for his reduced hawkish tendency.
Japan and the United States completed trade agreement negotiations in July, but the economic impact remains to be reviewed. The summary of opinions from the monetary policy committee in July may evaluate this.
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