Reported 29 days ago
A Bank of Japan board member, Junko Nakagawa, indicated that policy adjustments are likely if the economy meets expectations, causing the yen to rise against the dollar. While she acknowledged the need to manage market volatility following a recent rate hike, she suggested that upside inflation risks could compel future rate increases. Although many expect the BOJ to maintain current rates in the short term, discussions hint at potential hikes in alignment with economic performance.
Source: YAHOO