BOJ 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% by the second half of fiscal 2025 to contain inflation risks, board member Naoki Tamura said on Thursday.Tamura, a former commercial banker known as among the most hawkish members of the board,
BOJ’s Tamura Says Rate Should Be at Least 1% in Second Half of Year
The Bank of Japan’s most hawkish board member Naoki Tamura flagged the need for two or more interest rate hikes by early next year to contain upside risks for prices.Most Read from BloombergCitadel to
BOJ’s Tamura says interest rate needs to rise to at least 1%
A speech by the board member is likely to further fuel market speculation that more rate hikes are in the pipeline.
BoJ's Tamura suggests gradual rate hike in a timely manner
The Bank of Japan (BoJ) board member Naoki Tamura on Thursday suggested a gradual rate hike in a timely manner. Tamura added that the central bank to raise rates to approximately 1% by the latter half of fiscal 2025.
Hawkish BOJ policymaker calls for raising rates at least to 1%
The Bank of Japan must raise interest rates to at least 1% by the second half of the fiscal year beginning in April, hawkish board member Naoki Tamura said on Thursday, remarks that pushed up the yen as they reinforcing bets of a near-term rate hike.
Hawkish BOJ Board Member Calls for Potentially Faster Rate Hikes
In a speech to business leaders, Naoki Tamura said that the central bank should raise rates to 1% or higher in the fiscal half starting in October.
Yen rises as BOJ's Tamura signals potential rate hikes
Remarks by Bank of Japan (BOJ) board member Naoki Tamura on Thursday have led to a rise in the yen, as he suggested interest rates should reach at least 1% by the second half of the fiscal year starting in April 2025.
Japanese Yen Hits Two-Month High as BOJ’s Tamura Signals Rate Hikes
The Japanese yen strengthened on Thursday, reaching a nearly two-month high as Bank of Japan (BOJ) board member Naoki Tamura signaled potential interest rate hikes. The USD/JPY pair dropped 0.5% to 151.
BOJ's fresh take on labour crunch opens door for more rate hikes
The Bank of Japan is increasingly blaming chronic labour shortages, not stagnant demand, as the main reason for its weak economic activity, a justification it may use to lift interest rates beyond what was initially expected.
Japan's household spending massively beats expectations, boosting case for further BOJ hikes
Japan's upcoming spring wage discussions, also known as the "shunto" negotiations, will be in focus for investors watching ...
Yen hits 8-week high, sterling drops after Bank of England rate cut
The dollar edged up on Thursday, but stayed close to recent lows, as traders weighed receding trade war risks and looked ...