BoJ’s Nakamura: Economic uncertainty heightening, so cautious policy approach necessary

BoJ’s Nakamura urges caution on rate hikes as economy faces mounting downward pressure - Action Forex

BoJ board member Toyoaki Nakamura, known for his dovish stance, warned that Japan’s economy is under “mounting downward pressure” and cautioned against “rushing” to interest rate hikes. Speaking today, Nakamura highlighted the risks of tightening policy while growth slows, noting that higher rates could “curb consumption and investment with a lag”. Nakamura also pointed to […] The post BoJ’s Nakamura urges caution on rate hikes as economy faces …

BoJ’s Nakamura: Economic uncertainty heightening, so cautious policy approach necessary

Bank of Japan (BoJ) board member Toyoaki Nakamura said on Friday that “uncertainty over economic outlook heightening, so cautious monetary policy approach is necessary.”