Japanese media: The Bank of Japan is in no hurry to raise interest rates further
2024-04-23 17:07:46
On April 24th, according to Nikkei coverage, the Bank of Japan is closely monitoring core inflation while weighing the timing of further interest rate hikes. The Bank of Japan's goal is not to rush further adjustments, but to carefully monitor small businesses' efforts to raise wages and pass on costs. "We want to confirm that the cycle between wage and price growth is strengthening," the Bank of Japan source said.
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