IMF suggests possibility of continued interest rate hikes by Bank of Japan
2024/8/24 9:50 AM GMT+9 (some excerpts)
International Monetary Fund (IMF) chief economist Pierre Olivier Grancha expressed recognition on the 23rd that Japan's monetary policy has room for normalization of ultra-low interest rate policies due to heightened inflation expectations, and that it is possible for the Bank of Japan to gradually raise interest rates.
I responded to a Reuters interview at Jackson Hole where an economic symposium is being held.
Regarding the speed of additional interest rate hikes, he stated that “it will be greatly influenced by data.”
I responded to a Reuters interview at Jackson Hole where an economic symposium is being held.
Regarding the speed of additional interest rate hikes, he stated that “it will be greatly influenced by data.”
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment