Euro-Area Growth Beats Forecasts Despite German Contraction

post: BOJ BOARD MEMBERS TO DISCUSS RAISING RATES TO 0.25%: NHKBank of Japan to consider additional interest rate hike, including raising interest rates to around 0.25% The Bank of Japan will hold its second day of monetary policy meetings on the 31st. As policy committee members are increasingly of the opinion that prices are rising in line with expectations, they will consider and make a final decision on further interest rate hikes. The Bank of Japan will hold its second meeting on the 31st, where the nine policy committee members will discuss the policy direction for the near future. Governor Ueda has indicated that if the underlying inflation rate rises steadily toward the target of 2%, an additional interest rate hike will be implemented, but many committee members are believed to be of the view that prices are rising in line with the outlook. Some committee members are of the opinion that the risk of a weak yen pushing up prices should be closely watched, and according to sources, the Bank of Japan plans to consider an additional interest rate hike at the meeting on the 31st.