Bank of Japan must raise rates to 1% by latter half of fiscal 2025, board member Tamura says
THE Bank of Japan must raise short-term interest rates to at least 1 per cent by the second half of fiscal 2025 to contain upside inflation risks, its board member Naoki Tamura said on Thursday. Read more at The Business Times.
Hawkish BOJ Board Member Calls for Faster Rate Hikes
Bank of Japan policy board member Naoki Tamura said, “Raising short-term interest rates to at least around 1% in the latter half of fiscal 2025 is necessary to reduce upside risk to prices and achieve the price stability target in a sustainable and stable manner.
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The Associated Press - Business News on MSN12d
Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflationCopyright 2025 The Associated Press. All Rights Reserved. A Japanese flag flutters at the Bank of Japan headquarters in ...
Japanese nominal wages rose at the fastest pace in nearly three decades, supporting the Bank of Japan’s latest rate hike decision and keeping the bank on track for further tightening steps. Nominal ...
Underlying inflation in Japan is still slightly below the central bank’s target of 2%, Bank of Japan Gov. Kazuo Ueda said, ...
Core inflation in Japan's capital hit 2.5%, marking the fastest annual pace in nearly a year, well exceeding the central bank ...
One member referred to 'a growing possibility that underlying CPI (consumer price index) inflation will rise steadily toward ...
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