JPMorgan: Bank of Japan's September meeting minutes indicate a gradual shift toward a hawkish stance

Jinse Finance reported that JPMorgan stated the minutes of the Bank of Japan's September meeting show that the policy committee is gradually shifting towards a hawkish stance. An increasing number of members believe that economic growth is "relatively stable," inflation is likely to remain near the target, and policy normalization should continue. Several Bank of Japan members indicated they want to see the results of the Tankan survey, scheduled for release on Wednesday, to confirm whether it is time to "return to a monetary policy stance of raising policy rates" and set them "closer to the neutral rate." (Golden Ten Data)