Global Market: BOJ Rate Hike Case Strengthens as Policymakers Warn of Rising Inflation Risks
16 Articles
16 Articles
The Bank of Japan is considering a further hike in its policy rate in September. Following hawkish remarks by Governor Kazuo Ueda, the United States carried out an unprecedented joint foreign exchange intervention. This is analyzed as an attempt to curb the weakening of the yen and support Japan's determination to raise interest rates. Among policy committee members, the prevailing view is that the pace of monetary easing adjustments must be acc…
According to the Chief Investment strategist for bonds at RBC Bluebay, inflation has not yet recorded all sectors of the economy. In the bonds of the tech companies, he sees a risk for the markets.
BOJ's debate on faster hikes bolsters September rate move odds
The Bank of Japan's case for a September rate hike strengthened after a growing chorus of policymakers argued for a more forceful response to mounting inflation risks, a summary of opinions at their July meeting showed on Monday.
The Economic Times
Times of IndiaGlobal Market: BOJ rate hike case strengthens as policymakers warn of rising inflation risks
The case for a Bank of Japan rate hike as soon as September has strengthened, with several policymakers signalling support for a faster pace of monetary tightening. Rising inflation risks, yen weakness and higher import costs are adding pressure on the central bank, while markets increasingly expect a rate increase later this year.
BOJ Flags Upside Price Risks and Possible Faster Rate Hikes
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