The Bank of Japan decided to raise its policy rate to 1.25%. Yamaguchi (山口), representative secretary-general of the Japan Association of Corporate Executives, described it as “an appropriate figure,” with future rate hikes expected to be decided based on market conditions.
The Bank of Japan decided to raise its policy rate to 1.25%. Yamaguchi (山口), representative secretary-general of the Japan Association of Corporate Executives, described it as “an appropriate figure” and said the decision reflected current market conditions.
Yamaguchi (山口) said bank lending was increasing and described the economy as “very strong,” while also pointing to the possibility of further price increases and expressing support for the Bank of Japan’s current assessment.
Regarding future rate hikes, Yamaguchi (山口) indicated that decisions would be made by closely monitoring market conditions rather than based on the government’s intentions.