Published: 2026-01-28T05:30:42.000Z
USD/JPY flows: BoJ Meeting Minutes "Hawkish"
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Some members see inflation becoming more entrenched
No preset hiking path, but further tightening firmly on the table
The BoJ December Minutes are "hawkish" with members see inflation becoming more entrenched. They also suggest "No preset hiking path, but further tightening firmly on the table", which is similar to the rhetoric they have been holding for the past quarter. Weak yen and labor shortages are being mentioned to be inflation drivers.
USD/JPY is trading 0.26% higher at 152.56 as JGBB yields falling faster than U.S. Treasury yields.