BOJ Deputy Governor Says Real Rates Shouldn't Stay Negative
BoJ’s Himino: Will raise rates if economy, prices move in line with forecast
Bank of Japan (BoJ) Deputy Governor Ryozo Himino said on Thursday, the central bank “will raise rates if economy and prices move in line with forecast. BoJ continues to support economy with accommodative monetary environment. Still some distance for Japan to enter world of positive real interest rate.
BOJ Deputy Governor Says Real Rates Shouldn't Stay Negative as Economy Strengthens
The deputy governor reiterated that the BOJ would consider additional rate increases if economic and prices developments align with expectations. However, he didn't provide any hints on the timing or pace of future hikes.
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