BOJ monitors Middle East war impact on monetary policy
Deputy Governor Himino says the BOJ will guide policy based on the Middle East shock. He warned a long conflict could hurt growth and hit inflation targets.
Xurve View
Insights:
Xurve View
The BANK OF JAPAN/THE will carefully monitor the duration and magnitude of economic shocks resulting from the ongoing conflict in the Middle East when determining its future monetary policy path. Deputy Governor Ryozo Himino addressed the legislature on Friday, emphasizing that the central bank remains vigilant regarding global geopolitical tensions.
