Japan Finance Minister says rate hikes could hurt economic recovery

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

TOKYO : Japanese Finance Minister Shunichi Suzuki said on Friday that hiking rates could knock the economy's recovery, signaling support for the Bank of Japan's stance to keep monetary stimulus despite a global tightening trend amid rising inflation.'Generally speaking, rate hikes could cause the economy

TOKYO : Japanese Finance Minister Shunichi Suzuki said on Friday that hiking rates could knock the economy's recovery, signaling support for the Bank of Japan's stance to keep monetary stimulus despite a global tightening trend amid rising inflation.

"Generally speaking, rate hikes could cause the economy to falter," Suzuki told reporters, when asked about the BOJ's decision on Thursday to retain its ultra-easy policies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in AU

Australia Australia Latest News, Australia Australia Headlines