{
  "id": 11149759,
  "title": "Bank of Japan cautious on further hikes – Rabobank",
  "url": "https://urgent.news/2026/10/01/bank-of-japan-cautious-on-further-hikes-rabobank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T08:33:51.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/bank-of-japan-cautious-on-further-hikes-rabobank-202610010833"
  },
  "original_language": "en",
  "account": "The Bank of Japan appears hesitant to proceed with additional interest rate increases, according to Rabobank Research Global Economics & Markets. September meeting notes revealed internal disagreements and worries about sluggish private consumption. While some members advocated for further rate hikes, others emphasized the negative effects of past rate increases and urged a cautious approach. However, the latest Tankan survey, which showed the most optimistic outlook for large manufacturers in Japan since 2018, may force the Bank to act, unless it is entirely dependent on Bessent's recommendations. AUD/USD has settled near a two-month low, trading around mid-0.6900s in the Asian session on Thursday, while USD/JPY is trading near the top of its weekly range above 158.00. The US PCE data has reduced expectations for a further Fed rate hike in October, but oil-driven inflation concerns are still supporting higher US bond yields. Meanwhile, Australia's trade surplus declined sharply in August to AUD495M, with limited impact on the Australian Dollar. Despite softer-than-expected US inflation data, the US Dollar remains strong, benefiting from the US-Iran standoff and supporting the pair.",
  "summary": "Rabobank Research Global Economics & Markets reports that the Bank of Japan (BOJ) is reluctant to continue rapid rate hikes, with September meeting notes revealing internal divisions and concerns over weak private consumption.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}