Reported about 9 hours ago
The Bank of Japan (BOJ) has indicated that while it may pause interest rate hikes for now, there remains room for action this year due to rising inflationary pressures, particularly from food and fuel prices. BOJ Governor Kazuo Ueda warned that these factors could contribute to broader inflation, suggesting the possibility of rate adjustments in the future. Economic watchers predict that an increase in core consumer inflation could trigger a reassessment of the BOJ's price forecasts, potentially setting the stage for a rate hike by October.
Source: YAHOO