According to Jin10, the Bank of Japan announced on Friday the summary of opinions from the July monetary policy meeting, where a committee member stated that if the impact of U.S. tariffs on the economy proves to be small, the Bank of Japan may end its current wait-and-see mode and resume interest rate hikes before the end of this year. Another committee member pointed out that the Bank of Japan's policy interest rate is currently 0.5%, below the level considered neutral for the economy, so the Central Bank must continue to raise interest rates.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bank of Japan: If the impact of U.S. tariffs is limited, it may resume interest rate hikes before the end of the year.
According to Jin10, the Bank of Japan announced on Friday the summary of opinions from the July monetary policy meeting, where a committee member stated that if the impact of U.S. tariffs on the economy proves to be small, the Bank of Japan may end its current wait-and-see mode and resume interest rate hikes before the end of this year. Another committee member pointed out that the Bank of Japan's policy interest rate is currently 0.5%, below the level considered neutral for the economy, so the Central Bank must continue to raise interest rates.