Bank of Japan Official Signals Gradual Interest Rate Hikes

By
Kazimir Petrovsky
1 min read

In a recent speech, Bank of Japan Board Member Naoki Tamura expressed a desire to continue raising interest rates gradually as the bank seeks policy normalization, following its first rate increase since 2007. Tamura emphasized the importance of carefully managing monetary policy to ensure steady progress in normalizing the extraordinary monetary easing. His remarks underscore the central bank's commitment to gradually adjusting interest rates as part of its efforts to stabilize the economy and financial markets.

This article is submitted by our user under the News Submission Rules and Guidelines.The cover photo is computer generated art for illustrative purposes only; not indicative of factual content.

Subscribe to our Newsletter

Get the latest in enterprise business and tech with exclusive peeks at our new offerings