Hawkish BOJ policymaker calls for raising rates at least to 1%
The Bank of Japan must raise interest rates to at least 1% by the second half of the fiscal year beginning in April, hawkish board member Naoki Tamura said on Thursday, remarks that pushed up the yen as they reinforcing bets of a near-term rate hike.
BOJ’s Tamura says interest rate needs to rise to at least 1%
A speech by the board member is likely to further fuel market speculation that more rate hikes are in the pipeline.
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.
Hawkish BOJ policymaker urges raising rates to at least 1%
The Bank of Japan must raise interest rates to at least 1% by the second half of the fiscal year beginning in April, hawkish board member Naoki Tamura said on Thursday, remarks that pushed up the yen as they reinforced bets of a near-term rate hike.
BOJ should lift key rate to 1% in 2nd half of FY 2025: board member
The Bank of Japan should raise its policy interest rate, currently at 0.5 percent, to at least around 1 percent in the latter half of the next fiscal year ending March 2026 to tame inflation, a board member said Thursday.
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