Bank of Japan Minutes Reveal: Member Notes Policy Rate Still Far from Neutral Level

Deep News08:20

According to meeting minutes released on Thursday, a member of the Bank of Japan's policy board noted during the March 18-19 policy meeting that the benchmark interest rate remains significantly below the neutral level.

One member stated that if there are no signs of economic deterioration, the central bank should raise the policy rate.

Another member suggested authorities should consider shortening the intervals between rate hikes, while a different member proposed evaluating the size of increases, implying a potential need to accelerate the pace of tightening.

A member warned that high oil prices could lead to stagflation.

Policy board members indicated that raising interest rates would be appropriate if economic conditions permit, reaffirming their existing policy stance.

The Bank of Japan decided by an 8-1 vote on March 19 to maintain current policy settings unchanged.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1106172903?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-07 08:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1106172903","market":"sg","top_or_hot":-1,"title":"Bank of Japan Minutes Reveal: Member Notes Policy Rate Still Far from Neutral Level","media":"Deep News","content":"<p>According to meeting minutes released on Thursday, a member of the Bank of Japan's policy board noted during the March 18-19 policy meeting that the benchmark interest rate remains significantly below the neutral level.</p>\n<p>One member stated that if there are no signs of economic deterioration, the central bank should raise the policy rate.</p>\n<p>Another member suggested authorities should consider shortening the intervals between rate hikes, while a different member proposed evaluating the size of increases, implying a potential need to accelerate the pace of tightening.</p>\n<p>A member warned that high oil prices could lead to stagflation.</p>\n<p>Policy board members indicated that raising interest rates would be appropriate if economic conditions permit, reaffirming their existing policy stance.</p>\n<p>The Bank of Japan decided by an 8-1 vote on March 19 to maintain current policy settings unchanged.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank of Japan Minutes Reveal: Member Notes Policy Rate Still Far from Neutral Level</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank of Japan Minutes Reveal: Member Notes Policy Rate Still Far from Neutral Level\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-05-07 08:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>According to meeting minutes released on Thursday, a member of the Bank of Japan's policy board noted during the March 18-19 policy meeting that the benchmark interest rate remains significantly below the neutral level.</p>\n<p>One member stated that if there are no signs of economic deterioration, the central bank should raise the policy rate.</p>\n<p>Another member suggested authorities should consider shortening the intervals between rate hikes, while a different member proposed evaluating the size of increases, implying a potential need to accelerate the pace of tightening.</p>\n<p>A member warned that high oil prices could lead to stagflation.</p>\n<p>Policy board members indicated that raising interest rates would be appropriate if economic conditions permit, reaffirming their existing policy stance.</p>\n<p>The Bank of Japan decided by an 8-1 vote on March 19 to maintain current policy settings unchanged.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_ZB","symbol_name":"30年美债","start_time":0,"source_url":"","article_id":"1106172903","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1106172903","pubTimestamp":1778113229,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"According to meeting minutes released on Thursday, a member of the Bank of Japan's policy board noted during the March 18-19 policy meeting that the benchmark interest rate remains significantly...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"EWJ":"日本ETF-iShares MSCI","YCS":"日元ETF-ProShares两倍做空","BK4585":"ETF&股票定投概念","FLJP":"Franklin FTSE Japan ETF","EWJV":"iShares MSCI Japan Value ETF","HEWJ":"日本ETF汇率对冲-iShares","DXJ":"日本股利指数ETF-WisdomTree","JPXN":"iShares JPX-Nikkei 400 ETF","EWV":"ProShares两倍做空MSCI日本ETF","DFJ":"日本小型股股利指数ETF-WisdomTree","BBJP":"JPMorgan BetaBuilders Japan ETF","BK4588":"碎股","EZJ":"ProShares Ultra MSCI Japan"},"translate_title":"日本央行纪要披露：成员指出政策利率仍远未达到中性水平","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ZBmain":1,"ZTmain":1,"ZFmain":1,"EWV":1,"UBmain":1,"FLJP":1,"EZJ":1,"DFJ":1,"EWJ":1,"DXJ":1,"BBJP":1,"JPXN":1,"HEWJ":1,"YCS":1,"USDJPY.FOREX":1,"ZNmain":1,"TNmain":1,"EWJV":1},"content_text":"According to meeting minutes released on Thursday, a member of the Bank of Japan's policy board noted during the March 18-19 policy meeting that the benchmark interest rate remains significantly below the neutral level.\nOne member stated that if there are no signs of economic deterioration, the central bank should raise the policy rate.\nAnother member suggested authorities should consider shortening the intervals between rate hikes, while a different member proposed evaluating the size of increases, implying a potential need to accelerate the pace of tightening.\nA member warned that high oil prices could lead to stagflation.\nPolicy board members indicated that raising interest rates would be appropriate if economic conditions permit, reaffirming their existing policy stance.\nThe Bank of Japan decided by an 8-1 vote on March 19 to maintain current policy settings unchanged.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.1","shortVersion":"4.42.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1106172903","isCrawlerRequest":true}