BOJ deputy governor Himino calls for ‘timely’ rate hike
Himino said timely rate hikes could keep inflation near 2% and prevent a sharper policy response later.
8 Articles
8 Articles
On the 27th, Bank of Japan Deputy Governor Ryozo Himino gave a speech in Saitama City, stating that current monetary conditions are accommodative and that "we will continue to raise policy interest rates and adjust the degree of monetary easing." He also emphasized the need to be more aware than ever of the risk of prices rising more than expected.
BoJ’s Himino Says Rates Should Keep Rising as Weak Yen Feeds Inflation - ActionForex
BoJ Deputy Governor Ryozo Himino said on Thursday, at a meeting with local leaders in Saitama that policy rates should continue to rise as underlying inflation approaches 2% and financial conditions remain accommodative. Himino said “the Bank should continue to raise the policy interest rate and adjust the degree of monetary accommodation,”. He also stressed […] The post BoJ’s Himino Says Rates Should Keep Rising as Weak Yen Feeds Inflation appe…
BOJ deputy governor Himino calls for ‘timely’ rate hike
URAWA, Japan, Aug 27 : Bank of Japan Deputy Governor Ryozo Himino said on Thursday raising interest rates in a timely manner will help avoid a spike in inflation that would require abrupt rate hikes in the future. “If underlying inflation deviates above our 2 per cent target, that would have an adverse impact on the economy. We should pay greater attention to upside risks to prices than in the past,” Himino said in a speech to business leaders. …
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