Reported about 8 hours ago
The Bank of Japan, under Governor Kazuo Ueda, is considering an interest rate hike due to improving economic conditions and inflation expectations, but market volatility resulting from Donald Trump's inauguration poses a potential barrier. Despite global central banks focusing on rate cuts, Japan's economy is showing signs of stable inflation and wage growth, leading economists to predict a move away from its historically low borrowing costs. However, potential market shocks and upcoming wage deal information could delay this decision.
Source: YAHOO