Bank of Japan must raise rates to 1% by latter half of fiscal 2025, board member Tamura says
THE Bank of Japan must raise short-term interest rates to at least 1 per cent by the second half of fiscal 2025 to contain upside inflation risks, its board member Naoki Tamura said on Thursday. Read more at The Business Times.
Hawkish BOJ Board Member Calls for Faster Rate Hikes
Bank of Japan policy board member Naoki Tamura said, “Raising short-term interest rates to at least around 1% in the latter half of fiscal 2025 is necessary to reduce upside risk to prices and achieve the price stability target in a sustainable and stable manner.
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