The Bank of Japan (BOJ) debated the communication of a potential end to its ultra-easy policy, signaling a step towards an exit from the easy monetary policy. The BOJ discussed the possibility of phasing out its complex framework and keeping the policy ultra-easy, while being divided on its progress towards its inflation target and the impact of rising living costs and small firms' capacity to hike wages. The BOJ provided no clear hints of an imminent end to negative rates, with economists predicting a potential end next year.

BOJ Debates End of Ultra-Easy Policy