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Minutes from the Bank of Japan's June meeting show at least two of nine members called for an early rate hike. The board also debated the risk of inflation overshooting.
Finance Minister Kato said officials were watching yen moves closely.
A hawkish BOJ tilt supports the yen and raises the chance of further tightening, which can unwind dollar-funded carry positions. The direct grain and feed price effect is small.
reuters.comLeika KiharaAug 5, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
