Former BoJ Kuroda: Central bank should not pause approaching policy normalization
Former Bank of Japan (BoJ) Governor Haruhiko Kuroda said in an interview with the Asahi newspaper that the central bank should continue pushing the monetary policy towards normalization.
Remarks
The BoJ would raise the policy rate in April if you think about it normally.
The US-Iran war would only serve to accelerate interest rate hikes.
It should not place a pause on the process of monetary policy normalisation.
Sees no problem in the BoJ raising interest rates by 3-4 times to reach "around 1.50%" in 2027.
Market reaction
There seems to be no key impact of former BoJ Kuroda's comments on the Japanese Yen (JPY). As of writing, USD/JPY trades marginally higher to near 160.00.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
NEAR Price Climbs as Bitwise ETF Gets Green Light: $155 Target Sparks Fresh Rally
Hyundai Green Food revises interim cash dividend total to KRW 9.99 billion
NASDAQ TRADE HALT CONTINUES <DLXY.O> REASON NOT AVAILABLE AT 03:58 AM
NASDAQ TRADE HALT CONTINUES <EFTY.O> REASON NOT AVAILABLE AT 03:58 AM
Crypto prices
More
