The Summary of Opinions from the Monetary Policy Meeting held by the Bank of Japan on 17 and 18 September included the view of one committee member that expectations for rate hikes were running ahead of fundamentals regarding the terminal policy rate assumed by the market.
The Bank of Japan held its September Monetary Policy Meeting on 17 and 18 September. The key points from the published Summary of Opinions have been reported.
The Summary of Opinions included the view of one committee member that expectations for rate hikes were running ahead of fundamentals regarding the terminal policy rate assumed by the market, or the terminal rate.