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The Most Aggressive Member of the Boj Council Continues to Call for More Rate Hikes
Summary by El Economista
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Japan has a “one-time opportunity” to raise interest rates, as its economy is resisting the impact of US tariffs, said yesterday, October 20, Hajime Takata, member of the board of the Bank of Japan (BOJ), reiterating his position in favour of resuming the increase in financing costs.Takata, who voted against keeping rates stable in September, said Japan already reached the BOJ inflation target of 2.0% and that price growth could exceed expectati…
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