Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Japan's central bank official warns of rising inflation, pushing for rate hikes to prevent overshooting the 2% target.

flag Bank of Japan board member Kazuyuki Masu signaled that Japan has entered an inflationary phase, urging timely rate hikes to prevent inflation from exceeding the 2% target, despite it still being slightly below. flag He cited sustained wage growth, high food prices, and a weak yen as key inflation drivers, warning of spillover risks from rising processed food and rice costs. flag While the BOJ held rates steady at 0.75% in January, Masu emphasized the need for gradual normalization amid ongoing inflationary pressures and a fragile wage-price cycle. flag Markets now expect a possible April hike, with yen depreciation and bond market sensitivity adding urgency.

5 Articles