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Market Chatter: Bank of Japan Mulls Interest Rate Hike, Faster Tightening as Soon as Sept Meeting

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The Bank of Japan is considering raising interest rates, with a final call to be taken at its scheduled policy meeting on ​Sept. 17 and 18, Reuters reported Friday, citing three people familiar with the thinking.

The rate hike could accelerate the pace of tightening from the current level of roughly twice yearly and reflects growing concerns about price pressures from the ongoing Middle East conflict, strong artificial intelligence demand, and a weak yen.

The Bank of Japan did not immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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