BOJ policymaker calls for more rate hikes, warns of inflation risk

Quick Summary:

TOKYO : The Bank of Japan must raise interest rates more as keeping them at current low levels could cause excessive risk-taking and push up inflation too much, its board member Hajime Takata said, cementing expectations of further hikes in borrowing costs.

A slew of recent BOJ signals have led markets to price in a roughly 80 per cent chance of a rate hike to 0.75 per cent in July.

Hawkish policymaker Naoki Tamura is the only one in the nine-member BOJ board who has specifically mentioned that the bank should raise rates to at least 1 per cent.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Raise Rate Rates Interest Japan Cent Hike Expectations Takata Inflation Bank

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-19 @ 12:40:21 (3 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 667 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 26266587

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 13 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 48 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions