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Bank of Japan’s Tamura calls for rate hike to 1% by 2025, signals hawkish shift
Summary by Bne IntelliNews
2 Articles
2 Articles
Bank of Japan’s Tamura calls for rate hike to 1% by 2025, signals hawkish shift
In a notable shift, Naoki Tamura, a hawkish policy maker at the Bank of Japan, has publicly advocated for a significant increase in interest rates, suggesting that they should reach at least 1% by late 2025
·Berlin, Germany
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At a press conference following the Financial and Economic Forum on the 12th, Bank of Japan board member Tamura Naoki expressed the view that if the economic and price situation develops as expected, "we will need to gradually raise interest rates, check the reaction of the economy and prices, and explore the appropriate level of short-term interest rates." He also said that the pace of interest rate hikes "will likely be gradual." In a speech o…
·Tokyo, Japan
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Total News Sources2
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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