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Some in BOJ saw scope to resume rate hikes if trade friction eases, June minutes show

ReutersAug 5, 2025 12:18 AM

- A few Bank of Japan board members said the central bank would consider resuming interest rate increases if trade friction de-escalates, minutes of its June policy meeting showed on Tuesday.

"Given high uncertainties, the BOJ would likely pause rate hikes for the time being. But it also must respond flexibly and nimbly, and return to a rate-hike phase depending on U.S. policy developments," one member was quoted as saying.

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