Adam posted on this during the US session:
Bank of Japan officials see little need to hike rates
The report comes via Bloomberg (gated) who say:
Bank of Japan officials see little need to raise the benchmark rate when board members gather next weekthey’re still monitoring lingering volatility in financial markets and the impact of the July hike, according to people familiar with the matter.
Meanwhile, yen is still adding on points, with USD/JPY back to lows since after that July meeting:
This article was written by Eamonn Sheridan at www.forexlive.com.
