Bank of Japan's review may lead to interest rate hikes, signaling a shift from past monetary stimulus.
The Bank of Japan's review of past policy may pave the way for interest rate hikes, according to sources and analysts. The central bank has claimed victory in its battle with deflation, signaling a shift from past radical monetary stimulus. The review, led by governor Kazuo Ueda, is expected to present a paradigm shift in the BOJ's ideas around inflation, marking a potential precursor to rate hikes.
July 28, 2024
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