Bank of Japan: If the impact of US tariffs is limited, it may resume raising interest rates before the end of the year
3hours ago
According to a summary of opinions from the Bank of Japan's July monetary policy meeting released on Friday, one member stated that if the impact of US tariffs on the economy proves to be small, the Bank of Japan may end its current wait-and-see mode and resume raising interest rates before the end of the year. Another member noted that the Bank of Japan's policy rate, currently at 0.5%, is below the level considered neutral for the economy, necessitating continued rate hikes. (Jinshi)
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