# Bank of Japan made hawkish tilt, debated inflation risk in June, minutes show | Reuters

> 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.

- Date: 2024-08-05 · published 2024-08-05T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/29045-bank-of-japan-made-hawkish-tilt-debated-inflation-risk-in-june-minutes-show
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

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.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/markets/asia/some-boj-policymakers-warned-weak-yen-impact-household-mood-meeting-minutes-show-2024-08-05/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.