The BOJ could hike rates this month if the board is convinced that sustained, broad-based wage hikes will take hold, and keep inflation durably at its 2 per cent target, they said. "Risks to ...
Japan wage growth ticks up but BoJ still likely to hold rates in January on facebook (opens in a new window) Japan wage growth ticks up but BoJ still likely to hold rates in January on linkedin ...
Bank of Japan Governor Kazuo Ueda sent a fresh reminder to bankers that he’s going to raise the benchmark rate if the economy continues to improve this year. “Our stance is that we will raise ...
However, the BoJ and December’s Summary of Opinions failed to provide clear signals. While some board members supported a December hike, Governor Ueda emphasized the need for more wage growth ...
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order ...
“There seems to be a widespread view that the BOJ raising rates two more times this year wouldn’t be considered monetary-policy tightening given the current level of interest rates,” said ...
The BOJ held interest rates steady at 0.25% at this month's meeting, a move governor Kazuo Ueda explained as aimed at scrutinizing more data on next year's wage momentum and clarity on the incoming ...
Another cited the need to study wage trends in Japan. The policymaker said the BOJ should examine developments in the run-up to next year's spring wage negotiations between labor and management.
The BOJ held interest rates steady at 0.25% at this month's meeting, a move governor Kazuo Ueda explained as aimed at scrutinising more data on next year's wage momentum and clarity on the ...
The remarks underscore the BOJ's resolve to keep pushing up short-term rates from the current 0.25 per cent next year. Most analysts expect the bank to raise rates to 0.5 per cent in January or March.
The debate highlights how overseas economic risks, particularly those surrounding the new U.S. administration's policies, will be key to how soon the BOJ will hike rates. While the Oct. 30-31 ...