The International Monetary Fund said Japan's growth rate is expected to slow, while pointing out that the Bank of Japan is likely to raise interest rates gradually toward a neutral level.
The International Monetary Fund (IMF) said Japan's growth rate is expected to slow going forward. It explained that the environment surrounding Japan's growth within the global economy warrants attention to future developments.
The IMF said the Bank of Japan is likely to raise interest rates gradually toward a neutral level. Although it did not specify a timeframe, its view on the direction of monetary policy has been reported.
This report has been carried by multiple media outlets as the IMF's view, drawing attention to the future course of the BOJ's monetary policy.