BoJ leaning to keep rates steady next week – Reuters

Citing five sources familiar with the Bank of Japan’s (BoJ) thinking, Reuters reported on Thursday that the Japanese central bank is considering to keeping interest rates steady next week.

A source said, “policymakers prefer to spend more time scrutinising overseas risks and clues on next year's wage outlook.”

"Japan isn't in a situation where imminent rate hikes are needed," one of the sources said.

"With inflation benign, it can afford to spend time scrutinising various data," another source said, a view echoed by two more sources.

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