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Japan's Central Bank Appoints Dovish Policy Board Member, Possible Doubling of Dissents on June 30

GateNews
Forex
According to Jin10, Japan's central bank on June 30 appointed Ayano Sato as a new policy board member, signaling support for looser monetary policy. The appointment increases the possibility of two dissenting votes against future rate hikes within the nine-member committee, potentially slowing the central bank's policy tightening pace. Hawkish committee members Naoki Tamura and Soh Takada will step down in July next year, adding uncertainty to the policy tightening path. Sato will hold a press conference on Tuesday at 5 p.m. Tokyo time (4 p.m. Beijing time), with markets watching whether she aligns with Toichiro Asada on opposing further monetary tightening. Her first policy meeting will be held on July 30-31.
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