US EditionIMF urges BOJ to keep raising rates even as Iran war poses new risks
The IMF said gradual rate hikes should continue as markets priced in a roughly 70% chance of a BOJ move in April.
8 Articles
8 Articles
The request arises among market expectations that the Japanese ECB will increase interest rates by April, in the face of increasing inflationary pressure resulting from the increase in oil prices.
IMF approves Japan interest rate hikes as Middle East conflict adds new economy risks
Japan is heading into a harder patch, but the IMF still says the Bank of Japan should keep raising interest rates. In a statement released from Washington on Friday after its policy consultation with Japan, the fund said the war in the Middle East has created “significant new risks” for the country’s economic outlook. Even so, it said rate hikes should continue. Markets expect another BOJ hike as oil, wages, and the weak yen keep feeding price p…
IMF Endorses Further BOJ Rate Hikes as Oil Shock and Yen Weakness Test Japan’s Economic Resilience
The International Monetary Fund has given strong backing to the Bank of Japan’s tightening path, urging policymakers to continue raising interest rates even as the Middle East war introduces fresh downside risks to growth and new inflationary pressures for the world’s fourth-largest economy. The recommendation, issued after the IMF’s latest policy consultation with Japan, comes […] The post IMF Endorses Further BOJ Rate Hikes as Oil Shock and Ye…
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