1. The Bank of Japan (BOJ) kept its policy interest rate unchanged during their July meeting, despite some policymakers suggesting a future rate hike.
2. The discussion centered around the potential impact of new tariff measures on the Japanese economy, particularly in relation to US tariffs.
3. Some BOJ members believed that if the US economy can withstand its own tariff policy better than expected, the negative effects on Japan would be minimal, potentially allowing the BOJ to reconsider its current wait-and-see stance as early as the end of 2025.
2. The discussion centered around the potential impact of new tariff measures on the Japanese economy, particularly in relation to US tariffs.
3. Some BOJ members believed that if the US economy can withstand its own tariff policy better than expected, the negative effects on Japan would be minimal, potentially allowing the BOJ to reconsider its current wait-and-see stance as early as the end of 2025.
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Summary
Bank of Japan (BOJ) maintained its policy interest rate during July's meeting, with some members suggesting a potential future rate hike. Discussion revolved around the impact of new tariff measures, particularly US tariffs, on the Japanese economy. Some BOJ members believe that if the US economy