BOJ minutes show debate on faster rate hikes

Bank of Japan minutes from September reveal policymakers discussed the need for further interest rate hikes. Members debated the neutral rate and potential for faster moves to curb inflation risks.

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Bank of Japan Governor Kazuo Ueda speaks at a press conference after a BOJ policy meeting in Tokyo, Japan, October 30, 2026. REUTERS/Kim Kyung-Hoon

Japan policymakers debated the need for further interest rate hikes and faster policy tightening during their September meeting, according to minutes released on Thursday. The discussions solidify market expectations for another rate increase as soon as December.