Bank of Japan meeting notes: Some members said that once the trade issue stabilizes, the Bank of Japan may consider resuming interest rate hikes.
The Bank of Japan meeting opinion summary: A member said that the Bank of Japan will temporarily suspend interest rate hikes, but should not fall into excessive pessimism, and must guide monetary policy flexibly and skillfully; a member said that there is little possibility of a slowdown in Japan's underlying inflation. (Jin Ten)
Makoto Sakurai, a former governor of the Bank of Japan, said that the Bank of Japan cannot raise interest rates again this year, and it is uncertain whether to raise interest rates again before March next year.
Reuters poll: 63% of economists surveyed said the Bank of Japan will decide to start tapering its bond purchases at its June meeting (up from 41% in the May survey). 92% of economists said the Bank of Japan will raise interest rates to at least 0.20% by the end of 2024 (up from 88% in the May survey).