Bank of Japan to Decide on 0.75% Rate Hike After Assessing Economic Impact on Prices, Governor Kuroda Says
Bank of Japan Governor Kuroda Haruhiko signaled that the central bank will determine whether to lift policy rates following a careful assessment of the impact from a potential move to 0.75% on growth trajectories and price dynamics. The remarks, reported by COINOTAG News on December 19, emphasize a data-driven approach to policy normalization, with the BoJ weighing the macroeconomic impact before finalizing any rate adjustment. Market participants will monitor subsequent economic indicators, including inflation progression and domestic demand, as the bank evaluates the transmission effects of a higher policy rate within its yield-curve control framework. The stance underscores the central bank’s cautious pace toward tightening while maintaining credibility around its inflation target.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fed’s Policy Keeps Crypto Gains at Bay
Crypto Market Records Slight Uptake While Fear Still Dominates Market Momentum
Husky Inu (HINU) Set For Next Move Amid Bank Of Japan’s Interest Rate Hike
