Reported about 4 hours ago
The Bank of Japan's January meeting revealed discussions among policymakers about the potential for further interest rate hikes, citing concerns over inflation risks and the negative impacts of a weak yen on the economy. Officials acknowledged that current real interest rates remain significantly negative, indicating the need for ongoing adjustments to align rates with economic activity and prices. The BOJ recently raised its short-term policy target to 0.5% and expressed confidence that upcoming wage increases will stabilize inflation around its 2% goal.
Source: YAHOO