BoJ deputy governor says policy should be tightened further
Ryozo Himino says real interest rate remains low, despite three hikes since last year
Japan should continue to raise interest rates while paying attention to the risks posed by global uncertainty, a deputy governor of the country’s central bank has said.
Ryozo Himino said in a speech today (September 2) that real interest rates in the country remained low, despite three rate hikes since last year. He added that this, combined with the Bank of Japan’s assumption that the effects of US trade policies would lead to economic contractions at home and abroad, meant the BoJ should
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