ICYMI – Bank of Japan officials see little need to raise the benchmark rate at Sep meeting

Adam posted on this during the US session:

• Bank of Japan officials see little need to hike rates

The report comes via Bloomberg (gated) who say:

• Bank of Japan officials see little need to raise the benchmark rate when board members gather next week
• they’re still monitoring lingering volatility in financial markets and the impact of the July hike, according to people familiar with the matter.

Meanwhile, yen is still adding on points, with USD/JPY back to lows since after that July meeting:

This article was written by Eamonn Sheridan at www.forexlive.com.



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