Tamura and Takata argue for rate rise, possibly in attempt to pave way for early hike
Key points
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BoJ leaves policy on hold, but Board members Tamura and Takata argue for lifting policy rate to 0.75% in surprise result
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Hawkish Board members may be trying to pave way for early rate hike ahead of LDP leadership election and selection of prime minister
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Bank also decides to begin disposing of its ETF and J-REIT holdings, perhaps in consideration of high stock prices and political calendar