BoJ Holds Steady, Hawkish Dissent and Outlook Keep October Hike in Focus

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Bank of Japan left its policy rate unchanged at 1.00%, as widely expected, but delivered a policy package that reinforced its gradual normalization message. The decision was approved by an 8-1 vote, with Takata Hajime dissenting in favor of an immediate 25 basis point hike to 1.25%. Takata argued that Japan had entered “a new […]The post BoJ Holds Steady, Hawkish Dissent and Outlook Keep October Hike in Focus appeared first on ActionForex.