BOJ member calls for minimum 1% interest rate increase to address inflation concerns.
A hawkish member of the Bank of Japan (BOJ) has urged that interest rates should increase to a minimum of 1%. This statement reflects a shift in the BOJ's monetary policy stance, highlighting concerns about inflation and the need for tighter financial measures. The call for a rate hike signifies ongoing debates within the BOJ regarding economic strategies in response to changing market conditions.
September 12, 2024
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