BoJ Deputy Governor Signals Gradual Interest Rate Hikes
BoJ Deputy Governor Ryozo Himino said Monday the bank will continue raising rates to reach a neutral stance. He noted the impact of past hikes remains limited.
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Bank of Japan Deputy Governor Ryozo Himino indicated on Monday that the central bank is likely to continue raising interest rates as part of a gradual shift toward a neutral monetary policy stance. Speaking in Tokyo, Himino noted that the impact of previous rate adjustments on the economy of Japan has been limited so far, suggesting room for further normalization.
