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BOJ June summary reveals broad support for rate hike alongside sharp deflation warning
USD/JPY — All Desk Targets
22 desks
| Firm | Stance | YE 2026 |
|---|---|---|
UOB | — | 160.75 |
Citi | — | 155.00 |
UBS | — | 150.00 |
All 22 desk targets for USD/JPY
From the original
The summary confirms that the June hike was not a close call for the majority, with most board members framing the move as both appropriate and overdue given the distance between the policy rate and the estimated neutral rate of around 2%. The explicit mention of a neutral rate t
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