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Institution: Actions by the Bank of Japan will depend on whether inflation spreads beyond energy to other sectors.

Institution: Actions by the Bank of Japan will depend on whether inflation spreads beyond energy to other sectors.

金十金十2026/04/24 04:44
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Golden Ten Data reported on April 24 that Nobuyasu Atago, an economist at Rakuten Securities Economic Research Institute, stated that the key focus for the Bank of Japan's next move lies in the extent to which the rise in energy prices caused by the Middle East conflict will trigger a chain reaction for other goods and services. He expects the Bank of Japan will maintain the status quo at next week's meeting, as under such shocks, the central bank should ensure that necessary funds are provided to those in need rather than raise interest rates. He said: "It is appropriate to postpone a rate hike until the situation in the Strait of Hormuz normalizes or the outlook for crude oil procurement becomes clearer."
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