Reported about 11 hours ago
The Bank of Japan (BOJ) is poised to continue raising interest rates if the economy shows signs of recovery after the impact of U.S. tariffs, according to Deputy Governor Shinichi Uchida. He noted that Japan's inflation could stabilize around the BOJ's 2% target if economic conditions improve, despite uncertainties surrounding global trade. The BOJ had already increased rates to 0.5% earlier this year and remains open to further hikes if economic indicators align with forecasts, although concerns about a possible slowdown from U.S. policies persist.
Source: YAHOO