government
BOJ will keep raising benchmark rate to cap price trend at 2%, board member says
Summary by The Tokyo Editorial Desk · As published by The Japan Times
·
· 1 min read
Photo: The Japan Times · view original
Sources and story details
A central bank board member has indicated that benchmark rates will continue to rise. The goal is to limit price increases to a certain level.
Further details on this development are available from the source.
A meeting is scheduled to take place over two days, ending on September 18.
Market predictions suggest a high likelihood of a rate increase at this meeting, with borrowing costs potentially rising from their current level.