Ghost of Truth on Nostr: Bank of Japan Moves Towards Higher Interest Rates The Bank of Japan (BoJ) seems ...
Bank of Japan Moves Towards Higher Interest Rates
The Bank of Japan (BoJ) seems determined to hold course, with board member Hajime Takata urging for a rate hike if wage growth and other positive economic trends continue. According to Takata, it’s time for the central bank to “shift gears” and reduce its accommodative stance, signaling a future with higher interest rates.
Economists like Yusuke Matsuo of Mizuho Securities believe these comments point to multiple rate increases down the line, once market conditions stabilize. As the BoJ cautiously evaluates the impact of each hike, the looming debate over yen-carry trade is likely to persist.
#JapanEconomy #BoJ #InterestRates #WageGrowth #GlobalMarkets
The Bank of Japan (BoJ) seems determined to hold course, with board member Hajime Takata urging for a rate hike if wage growth and other positive economic trends continue. According to Takata, it’s time for the central bank to “shift gears” and reduce its accommodative stance, signaling a future with higher interest rates.
Economists like Yusuke Matsuo of Mizuho Securities believe these comments point to multiple rate increases down the line, once market conditions stabilize. As the BoJ cautiously evaluates the impact of each hike, the looming debate over yen-carry trade is likely to persist.
#JapanEconomy #BoJ #InterestRates #WageGrowth #GlobalMarkets