BOJ's Hawkish Member Stresses Importance of Steady Rate Increases for Policy Normalization
Wednesday, 27 March 2024, 08:01
Bank of Japan Member Optimistic about Rate Hikes
(Bloomberg) -- Bank of Japan Board Member Naoki Tamura signaled his desire to gradually keep raising interest rates as the bank further pursues policy normalization after raising rates last week for the first time since 2007.
Financial Market Response
Japan's steps towards intervention were noted as the yen faced fluctuations.
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