Sources: BoJ could raise rates again at September 17-18 meeting

The article reports that sources cited by Jiji say the Bank of Japan may consider another interest rate hike at its September 17-18 meeting, following June’s increase. The rationale is rising inflation risks, reinforced by a hawkish tone in the BoJ’s July meeting summary and by pressure created after the recent joint Japan-U.S. yen intervention. For USD/JPY traders, the report is important because it increases the odds of further BoJ tightening, which would generally support the yen and weigh on the currency pair. The piece frames September hike expectations as increasingly central to the yen outlook over the coming weeks.