Skip to main content
Central bank says global economies’ resilience to tariffs “remarkable,” while predicting slowdown
Bank of Japan
Japan’s central bank has said it would like to continue raising interest rates, but an expected tariff-induced slowdown means it should not do so quickly.
The Bank of Japan today (August 8) released a summary of its most recent monetary policy meeting, in which it said the country’s interest rate remained below the neutral level. The bank said it expected to continue raising the policy rate “when possible,” though it added that doing so too quickly would significantly harm Japan’s economy.
The BoJ
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com test test test
Most read articles loading…
Back to Top
#BoJ #eyes #rate #hikes #possibly #years