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“BOJ divided on rate hike timing” – USD/JPY pops a little higher on the session

The Bank of Japan Summary is here from earlier:

Reuters have a brief recap up, with the headline:

Highlighting:

  • “The Bank should consider further rate hikes after pausing to assess developments in the U.S. economy,” one member was quoted as saying
  • Another member, however, said the BOJ must “take time and exercise caution” when raising rates, the summary showed.

Seems like a bit of a strain to post a headline about, but that’s what’s being taken from the Summary.

**

USD/JPY update:

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

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