Bank of Japan's scheduling of its July 2027 policy meeting could have important implications for the future direction of Japanese interest rates, allowing two hawkish board members to vote before their five-year terms expire.
The BOJ has scheduled its July 2027 rate-setting meeting for July 21-22, according to its calendar released last month. The timing means board members Naoki Tamura and Hajime Takata, both advocates of faster monetary tightening, would remain in office when the meeting takes place. Their terms end on July 23.
