More - BOJ minutes show board debated mounting price risks despite June hike
USD/JPY — All Desk Targets
22 desks
| Firm | Stance | YE 2026 |
|---|---|---|
UOB | Bearish | 159.60 |
Bank of America | Bullish | 149.00 |
Rabobank | Bullish | 145.00 |
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The revelation that some board members were already pushing for a faster pace of hikes toward the neutral rate, even as the board delivered the June increase, suggests the reaction function has shifted more hawkish than the 7-1 vote alone implies, since not all seven supporting v
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