Bank of Japan Governor: If the economy and price trends are in line with forecasts, the Bank of Japan will continue to raise policy interest rates
Bank of Japan Governor Kazuo Ueda said that if the economy and price trends are in line with forecasts, the Bank of Japan will continue to increase policy interest rates and adjust the intensity of monetary support. The timing of interest rate increases will depend on the economic, price and financial outlook. We must remain alert to various risks, including overseas market trends.
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Japan Central Bank inflation indicators accelerate, providing grounds for further interest rate hikes
An indicator used by the Bank of Japan to measure underlying inflation accelerated last month, significantly exceeding its target level, providing further justification for continuing to raise the benchmark interest rate.
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