BOJ’s Tamura Says Rate Should Be at Least 1% in Second Half of Year
The Bank of Japan’s most hawkish board member Naoki Tamura flagged the need for two or more interest rate hikes by early next year to contain upside risks for prices.Most Read from BloombergCitadel to
BOJ must raise rates to 1% by latter half of fiscal 2025, board member Tamura says
The Bank of Japan must raise short-term interest rates to at least 1% by the second half of fiscal 2025 to contain inflation risks, board member Naoki Tamura said on Thursday.
BOJ’s Tamura says interest rate needs to rise to at least 1%
A speech by the board member is likely to further fuel market speculation that more rate hikes are in the pipeline.
BoJ's Tamura suggests gradual rate hike in a timely manner
The Bank of Japan (BoJ) board member Naoki Tamura on Thursday suggested a gradual rate hike in a timely manner. Tamura added that the central bank to raise rates to approximately 1% by the latter half of fiscal 2025.
Hawkish BOJ policymaker calls for raising rates at least to 1%
The Bank of Japan must raise interest rates to at least 1% by the second half of the fiscal year beginning in April, hawkish board member Naoki Tamura said on Thursday, remarks that pushed up the yen as they reinforcing bets of a near-term rate hike.
Yen rises as BOJ's Tamura signals potential rate hikes
Remarks by Bank of Japan (BOJ) board member Naoki Tamura on Thursday have led to a rise in the yen, as he suggested interest rates should reach at least 1% by the second half of the fiscal year starting in April 2025.
BoJ’s Tamura: Not saying that the neutral rate should be 1%
Bank of Japan (BoJ) board member Naoki Tamura is back on the wires, via Reuters, clarifying his earlier remarks on the central bank’s interest rate. Not saying that neutral rate should be 1%. Difficult to specify terminal rate at this point.
Hawkish BOJ Board Member Calls for Potentially Faster Rate Hikes
In a speech to business leaders, Naoki Tamura said that the central bank should raise rates to 1% or higher in the fiscal half starting in October.
Japanese Yen Hits Two-Month High as BOJ’s Tamura Signals Rate Hikes
The Japanese yen strengthened on Thursday, reaching a nearly two-month high as Bank of Japan (BOJ) board member Naoki Tamura signaled potential interest rate hikes. The USD/JPY pair dropped 0.5% to 151.
Yen hits 8-week high, sterling drops after Bank of England rate cut
The yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated ...
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Time for Yen ETF?
The Japanese yen has been in great shape lately due to hawkish monetary policy. Invesco CurrencyShares Japanese Yen Trust FXY has added 3.2% so far this year and about 1% over the past week. More ...