Bank of Japan: If the impact of US tariffs is limited, it may resume interest rate hikes before the end of the year
2025-08-08 00:17:19
The Bank of Japan may end its current wait-and-see mode and resume raising interest rates by the end of the year if the economic impact of U.S. tariffs proves to be minor, a member said, according to a summary of the Bank of Japan's July monetary policy meeting opinion released on Friday. Another member pointed out that the Bank of Japan's policy rate is currently 0.5 percent, which is below the level considered neutral for the economy, so the central bank must continue to raise interest rates. (Jin Ten)
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