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BOJ deputy governor Himino calls for ‘timely’ rate hike

Himino said timely rate hikes could keep inflation near 2% and prevent a sharper policy response later.

Summary by WTVB
By Leika Kihara URAWA, Japan, Aug 27 (Reuters) - Bank of Japan Deputy Governor Ryozo Himino said on Thursday raising interest rates in a ​timely manner will help avoid a ‌spike in inflation that would require abrupt rate hikes in the future. "If underl...

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BOJ deputy governor Himino calls for 'timely' rate hike

·London, United Kingdom
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Bank of Japan Deputy Governor Ryozo Himino believes the central bank should continue to raise the key interest rate and adjust the degree of monetary easing in accordance with developments in economic activity, the price level and financial conditions, he said on Thursday, according to a written statement.

On the 27th, Bank of Japan Deputy Governor Ryozo Himino gave a speech in Saitama City, stating that current monetary conditions are accommodative and that "we will continue to raise policy interest rates and adjust the degree of monetary easing." He also emphasized the need to be more aware than ever of the risk of prices rising more than expected.

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WTVB broke the news on Wednesday, August 26, 2026.
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