Macro Finance
BOJ Split Vote Sends Bearish Signal on Yen, Strategists Say
Bloomberg Markets·September 18, 2026·1 min read
The yen fell as much as 0.8% after the Bank of Japan raised its benchmark interest rate by a quarter percentage point to 1.25%, with a split vote sending bearish signals. Bond markets erased earlier gains as strategists said the division among policymakers cast doubt on the outlook for further tightening.
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