BOJ sees progress in wage-driven inflation, keeps Dec rate hike on table

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NAGOYA :Bank of Japan Governor Kazuo Ueda said the economy was progressing towards sustained wages-driven inflation and warned against keeping borrowing costs too low, leaving open the chance of another interest rate hike as early as next month. In a sign the BOJ was likely to push rates up again soon, Ueda said the bank must whittle down stimulus in a timely fashion as keeping real interest rates low for too long could accelerate inflation more than expected. Markets were keeping a close eye

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din zilele anterioare

BOJ sees progress in wage-driven inflation, keeps Dec rate hike on table https://www.channelnewsasia.com/ - 18.11.2024 10:06
BOJ chief sees higher chance of wage-driven inflation in Japan https://www.channelnewsasia.com/ - 18.11.2024 05:55
BOJ chief sees higher chance of wage-driven inflation in Japan https://www.channelnewsasia.com - 18.11.2024 04:43