BOJ Officials Signal Openness to Policy Shift as Japan Economy Strengthens

BOJ policymakers increasingly talking about shifting away from past stimulus policies as Japan faces price pressures.
Governor Ueda said BOJ could raise rates by year-end if conditions met. Other members also open to policy change.
Early signs of higher inflation, wage growth emerging in Japan. Even doves noting economic improvements.
But BOJ in no rush to change policy until confident economy can withstand impact. Global risks a concern.
No consensus within BOJ yet on timing, details of unwinding stimulus policies. Wage outlook key factor.

reuters.com

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Posted 9/11/2023, 11:41:27 AM