Reuters exclusively reveals BOJ debates messaging on eventual rate hike as inflation perks up | Reuters News Agency
Business & FinanceEconomy

Reuters exclusively reveals BOJ debates messaging on eventual rate hike as inflation perks up

Reuters exclusively reported that Bank of Japan (BOJ) policymakers are debating how soon they can start telegraphing an eventual interest rate hike, which could come even before inflation hits the bank’s 2% target, emboldened by broadening price rises and a more hawkish Federal Reserve. While an actual rate hike is hardly imminent and the BOJ is on course to maintain ultra-loose policy at least for the rest of this year, financial markets may be underestimating its readiness to gradually phase out its once-radical stimulus program.

Article Tags
Topics of Interest: Business & FinanceEconomy
Type: Reuters Best
Sectors: Business & FinanceEquities
Regions: Asia
Countries: Japan
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
FILE PHOTO: A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon/File Photo
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