BoJ leaves policy rate on hold in 7-2 vote; balance of risks to price outlook unchanged
Key points
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BoJ votes 7-2 to leave monetary policy on hold; Board members Takata and Tamura proposed raising rates in repeat of September meeting outcome
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Bank still sees balance of risks to price outlook as "generally balanced" and modestly increased its GDP growth projection for FY25
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We expect next rate hike to come in January 2026, but December hike also possible depending on circumstances