
BOJ Still Eyeing Rate Hikes While Wary of Tariffs, Summary Shows
Bank of Japan board members signaled their intention for further rate hikes while citing the need to stay vigilant due the potential economic impacts from US tariff measures, according to a summary of opinions from their April 30-May 1 meeting.
'The bank's stance to continue to raise the policy interest rate is unchanged' given low real rates and its outlook for the price goal to be met, one of the nine board members said at the gathering, according to the summary released Tuesday, which doesn't disclose speakers' identities.
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