
BoJ minutes reveal unanimous vote for rate hold

The minutes of the Bank of Japan's June meeting, published today (July 18), revealed a unanimous vote to maintain rates at 0–0.1%, noting positive signs from the domestic economy but continued external risks.
Regarding the domestic outlook, "members agreed that it was likely to return to a moderate recovery path as domestic demand remained firm and overseas economies emerged from the deceleration phase". However, members also said that a "high degree of uncertainty" remained regarding
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