Some Bank of Japan policymakers saw conditions falling into place for an imminent rate hike with one predicting a move "in the near future," a summary of opinions at the bank's December meeting showed,

A summary of opinions from the Bank of Japan’s December meeting suggests that the next interest-rate hike is approaching.

The Summary of the Bank of Japan's December meeting revealed that policymakers discussed the possibility of a near-term rate hike, with some members noting that conditions were aligning for such a move.

Bank of Japan policymakers were divided between those who preferred to spend more time scrutinising data, and those who saw conditions falling into place to raise interest rates, a summary of opinions at the bank's December meeting showed.