Japan's central bank meeting summary showed policymakers split on the pace of further rate hikes, and the yen softened as traders trimmed bets on another quick increase. The prime
Japan's central bank meeting summary showed policymakers split on the pace of further rate hikes, and the yen softened as traders trimmed bets on another quick increase. The prime minister added a political layer, vowing to support the currency by strengthening economic competitiveness rather than through rates alone. Meanwhile, the tankan survey showed business sentiment improving, with large manufacturers at their most optimistic since March, keeping corporate confidence as a steady backdrop while the currency debate plays out.
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