According to Mizuho Securities economist Yusuke Matsuo, the minutes from the Bank of Japan's September meeting reveal that the US economy is a crucial factor in the central bank's deliberations on potential future rate hikes.
The minutes indicate concerns about the speed of the Federal Reserve's rate cuts and their implications for Japan. A member of the BOJ's Policy Board mentioned that it will take some time to assess the impact of US policy changes on the market.
