Wire flash
FinanceThe Bank of Japan (BOJ) held its policy rate at 1% at its July 2026 meeting but signaled that it could raise rates as soon as September, citing upside risks to prices. The central bank's hawkish tilt comes amid persistent inflationary pressures and a yen that weakened to a 40-year low against the US dollar last month. The BOJ's stance suggests a potential acceleration in the pace of monetary tightening, which could impact global financial markets and the yen's trajectory. The article, published by The Business Times on August 10, 2026, highlights the BOJ's growing concern over inflation and its readiness to act more aggressively.
The Business TimesRegional
BOJ Holds Rates at 1% but Signals Possible Faster Hikes Ahead