The Bank of Japan’s October 29–30 Summary of Opinions revealed growing pressure among policymakers to accelerate interest rate normalization, as underlying inflation was assessed to have reached the 2% target. One opinion argued that the BoJ had entered “a new phase” requiring it to “step up the pace” of bringing the policy rate toward neutral, […]The post BoJ Hawks Push for Faster Rate Hikes as Inflation Hits Target, but Consumption Risks Persist appeared first on ActionForex.