BOJ says regional economies could worsen due to fallout of Middle East conflict

BOJ to raise rates by July on mounting price pressure, ex-board member says

By Leika Kihara and Takahiko Wada TOKYO, April 7 (Reuters) – The Bank of Japan will likely raise interest rates by July, as soaring oil costs from the Middle East war increase the risk it will fall behind the curve in dealing with mounting inflationary pressure, ​its former board member Seiji Adachi said on Tuesday. Underlying inflation has already hit the ‌central bank’s 2% target, as seen in last week’s “tankan” survey that showed corporate fi…

BOJ warns of economic hit from Middle East conflict

TOKYO — The Bank of Japan (BOJ) said surging oil costs and supply disruptions brought about by the Middle East conflict could hurt the economy, signaling caution over downside...

BOJ Keeps Options Open by Citing Dual Risks in Regional Reports

(Bloomberg) — The Bank of Japan avoided fueling market expectations over the likelihood of a rate hike this month by keeping its signaling from two quarterly regional economic reports highly nuanced.

BOJ warns Middle East conflict, oil surge may hit regional economies

The Bank of Japan has issued a warning. Surging oil prices and supply disruptions from the Middle East conflict could worsen some regional economies. Businesses are concerned about rising energy costs impacting profits and consumption. Supply chain issues may also broaden. Wage increases are expected to continue at last year's pace, but the Middle East situation could influence these plans.

BOJ says regional economies could worsen due to fallout of Middle East conflict

TOKYO, April 6 : The Bank of Japan said on Monday some regional economies could worsen due to surging oil prices and supply disruption brought about by conflict in the Middle East."As uncertainty heightens, some firms worried that rising prices mainly for energy could hurt corporate profit and consumption," t

Tokyo’s Warning Shot: Bank of Japan Flags Iran Conflict as a Direct Threat to Japan’s Fragile Recovery

The Bank of Japan isn’t mincing words. In a stark assessment delivered this week, the central bank warned that a prolonged military conflict involving Iran could materially depress the Japanese economy — a declaration that landed with force across Asian and global markets already rattled by geopolitical uncertainty. The warning, embedded in the BOJ’s latest outlook report, marks one of the most explicit acknowledgments by a major central bank th…