January 5th, Japan’s Bank of Japan Governor Kazuo Ueda stated that if the economic outlook is realized, the central bank will continue to raise the benchmark interest rate. Ueda made a brief speech at the New Year meeting hosted by the Japanese Bankers Association, saying that appropriately adjusting monetary easing policies will help achieve stable inflation and longer-term economic growth. (Zhitong Finance)
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The Bank of Japan hints at continuing to raise interest rates
January 5th, Japan’s Bank of Japan Governor Kazuo Ueda stated that if the economic outlook is realized, the central bank will continue to raise the benchmark interest rate. Ueda made a brief speech at the New Year meeting hosted by the Japanese Bankers Association, saying that appropriately adjusting monetary easing policies will help achieve stable inflation and longer-term economic growth. (Zhitong Finance)