Bank of Japan Holds Rates, Closing a Week Where Every Dissent Called for a Hike
The Bank of Japan (BOJ) kept its policy rate at 1.25% on October 30 in an 8–1 vote. Board member Hajime Takata dissented and proposed a hike to 1.5%. Every dissenter at the BOJ and the US Federal Reserve (Fed) this week wanted higher rates. The Bank of Canada (BoC) went further and raised its The post Bank of Japan Holds Rates, Closing a Week Where Every Dissent Called for a Hike appeared first on BeInCrypto.
Key Takeaways
- The Bank of Japan (BOJ) kept its policy rate at 1.25% on October 30 in an 8–1 vote.
- Board member Hajime Takata dissented and proposed a hike to 1.5%.
- Every dissenter at the BOJ and the US Federal Reserve (Fed) this week wanted higher rates.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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