The minutes of the May meeting show that the Bank of Japan committee agreed to maintain the interest rate hike path, but some members believe it is necessary to pause the rate hikes.

Gate News bot news, according to a Reuters report, the minutes of the policy meeting held by the Bank of Japan from April 30 to May 1, released on Friday, show that Bank of Japan policymakers unanimously believe it is necessary to continue raising the currently low Interest Rate, but some officials believe that due to the uncertainty of U.S. trade policy, it is necessary to temporarily pause interest rate hikes.

At this meeting, the Bank of Japan kept the Intrerest Rate unchanged at 0.5%, but due to the expected impact of increased tariffs from the United States on the Japanese economy, the Bank of Japan significantly lowered its economic growth and inflation forecasts.