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Policy● Neutral for Indian equities
Bank of Japan summary affirms priority is avoiding inflation overshoot
The brief
- The BOJ shifted its focus to preventing inflation from overshooting its target
- It raised its policy rate to the highest level since 1995
- EXCLUSIVE: Japan top FX diplomat urges markets to heed 'very clear' warning on yen
- Japan’s two-year government bond yield nears 2% amid BOJ rate-hike bets
- Bank of Japan debated need for faster rate hikes, July minutes show
- Yen gains after Japan’s finance minister signals readiness for bold action
- Japan’s falling bond prices stall repatriation rush