Ex-BoJ official: No more rate hike this year due to market instability

In an unexpected turn of events, experts, including a former Bank of Japan board member, suggest that further rate increases are unlikely this year due to the resulting market turmoil and Japan’s sluggish economic recovery.

Currently, it suggests a reduced likelihood of the BOJ implementing another rate hike before the end of the year, in contrast to the initial outlook immediately following the rate increase in July.“In the process of returning to normal monetary policy, it’s good that they decided to move from a world of almost zero interest rates to a normal 0.25%.”

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Japan’s Bank Stocks Climb as BOJ Reported to Consider Rate Hike(Bloomberg) -- Japanese bank stocks rose the most since December 2022 after the nation’s central bank raised its benchmark interest rate and unveiled plans...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »