The BOJ raised its policy rate at a monetary policy meeting, and Governor Ueda (植田) will hold a press conference at the BOJ's headquarters on the afternoon of the 18th. Reports also discuss views that “double-speed rate hikes” are becoming more difficult, as well as the dilemma posed by an economic recession.
The BOJ decided to raise its policy rate at a monetary policy meeting, with the focus turning to its approach to monetary policy going forward. Details of the explanation following the meeting and the outlook ahead are provided in a local report.
Governor Ueda (植田) is scheduled to hold a press conference at the BOJ's headquarters on the afternoon of the 18th. He is expected to explain the background to the rate hike and the direction of interest-rate policy going forward.
News headlines have highlighted the difficulty of monetary policy as “double-speed rate hikes” become more difficult, and have also referred to the dilemma posed by slowing economic growth and recession. Attention is focused on developments ahead.