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News 2026-09-28 00:56 UTC

Bank of Japan debated need for faster rate hikes, July minutes show

By Leika KiharaMany Bank of Japan policymakers saw the need to focus on mounting inflation risks, with some calling for faster interest rate increases, minutes of their July meeting showed, cementing the case for further hikes to still-low borrowing costs.After raising interest rates in June, the c…