BOJ policymaker signals more rate hikes with eye on markets

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KANAZAWA, Japan :The Bank of Japan must be vigilant to the fallout from recent market turbulence but stay on course to raise interest rates, its board member Hajime Takata said on Thursday, reinforcing market expectations for further hikes in borrowing costs. The remarks echo those of BOJ Governor Kazuo Ueda, who last month reaffirmed his resolve to raise rates again if inflation remained on track to sustainably hit the bank's 2 per cent target. "The stock and currency market saw big volatility

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BOJ policymaker signals more rate hikes with eye on markets https://www.channelnewsasia.com/ - 05.09.2024 10:00

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BOJ policymaker signals more rate hikes with eye on markets https://www.channelnewsasia.com/ - 05.09.2024 10:00