BOJ policymaker Himino says won’t comment on market expectations on rate hike
- BOJ will look at likelihood of its scenario and risks in assessing its next steps
- That includes taking into consideration Middle East conflict, AI demand, FX impact
- Those factors will help determine pace and timing of future rate hikes
- We believe we can stabilise underlying inflation at 2% with appropriate policy moves
- We will debate at each meeting the desirable pace, timing of rate hikes to do so
More to come..
This article was written by Justin Low at investinglive.com.