The Bank of Japan held interest rates at 0.75% in a 6–3 vote, highlighting a growing divide among policymakers.
Three dissenting members—including a previously dovish policymaker—called for an immediate hike to 1.00%, marking one of the most hawkish splits in years.
The bank also revised its inflation outlook, setting an upper projection of 2.8%, signaling a delicate balance between supporting growth and managing price pressures.