BOJ keeps rates steady but hawkish split points to June hike

Orientul Mijlociu

TOKYO, April 28 : The Bank of Japan kept interest rates steady on Tuesday but three of its nine-member board proposed hiking borrowing costs, signalling policymakers' concerns over inflationary pressures from the Middle East conflict. The central bank also sharply revised up its price forecasts and stressed vigilance to the risk of an inflation overshoot, signalling a strong chance of a rate hike in coming months. "While the BOJ kept rates on hold, the three dissenting votes highlight the

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BOJ keeps rates steady but hawkish split points to June hike https://www.channelnewsasia.com/ - 08:11

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BOJ keeps rates steady but hawkish split points to June hike https://www.channelnewsasia.com/ - 08:11