Reported 1 day ago
Sayuri Shirai, a former policymaker at the Bank of Japan, suggests that the BOJ may raise interest rates in March due to rising inflation pressures exacerbated by U.S. tariffs. Despite the current weak state of Japan's economy, Shirai argues that continued rate hikes are necessary to address the challenges posed by a depreciating yen, which is driving up import costs. She notes that economists are generally anticipating further rate increases later in the year, depending on the impact of international trade developments.
Source: YAHOO