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Hawkish BOJ Board Member Calls for Potentially Faster Rate HikesIn a speech to business leaders in Nagano prefecture in central Japan, Naoki Tamura said that the central bank should raise rates to 1% or higher in the fiscal half starting in October.
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The Fed's rate outlook has rattled markets. Here's what it means for global central banksThe BOJ said in its statement that the decision to hold was split 8-1, with board member Naoki Tamura advocating for a 25-basis-point hike. According to Shigeto Nagai, head of Japan Economics at ...
OKAYAMA--The Bank of Japan must raise interest rates to at least 1% as soon as the second half of next fiscal year, hawkish policymaker Naoki Tamura said on Thursday, reinforcing the bank's ...
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Asia-Pacific markets rise, tracking gains on Wall Street amid cooling US-China trade tensionsThe Japanese yen strengthened beyond 152 per dollar on Thursday, reaching its highest level in eight weeks, as Bank of Japan board member Naoki Tamura said that the central bank must lift the ...
OKAYAMA (Japan): The Bank of Japan (BoJ) must raise interest rates to at least 1% by late next year, hawkish policymaker Naoki Tamura says, reinforcing the bank’s resolve to persist with steady ...
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Japan's household spending massively beats expectations, boosting case for further BOJ hikesOn Thursday, BOJ board member Naoki Tamura said that it was "necessary" for the BOJ to raise short-term interest rates to "at least around 1%" by the second half of fiscal year 2025. Japan's 2025 ...
But not everyone was on board. Naoki Tamura, a BOJ board member, argued for a 25-basis-point hike, warning that the weak yen could disrupt wage-driven inflation. Meanwhile, China’s central bank ...
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