Bank of Japan board member Noguchi:
Japan’s economy is growing steadilyJapan’s economy is currently shifting to a new phase where sustainable inflation is realized accompanied by wage increasesDownside risks to Japan economy stemming from overseas economies have rapidly heightened due to U.S. tariff policiesBOJ likely to keep adjusting policy rate while carefully examining whether underlying inflation would be stabilising around 2%BOJ shouldn’t pre-set terminal rate in raising ratesBOJ should spend time gauging impact of each rate hike on economy, scrutinise risks, before moving to next hike10-year JGB yield rose near 1.6% in March but I didn’t see it as disruptive as it reflected change in market’s view on terminal ratePersonally don’t see need to make big changes to existing BOJ taper planAs for taper plan for April 2026 onward, we need to examine with a longer-term perspectiveBOJ can spend sufficient time reducing its balance sheet, doing so is desirable for market stabilityBOJ is maintaining loose monetary policy as rise in inflation is mainly driven by import costs, not necessarily sustainableMonetary policy must focus on underlying price moves that are strongly linked to nominal wage developmentsWage, domestic demand-driven price pressure not strong enough but steadily increasingOur basic monetary policy stance should be to cautiously move on policy adjustment while scrutinising economy and its risksmore to come
Hence then, the article about bank of japan board member noguchi japan s economy is growing steadily was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Bank of Japan board member Noguchi: Japan’s economy is growing steadily )
Last updated :
Also on site :
- Hollywood mourns loss of beloved makeup artist Jasen Kaplan
- Rose Parade Viewers 'Floored' by 'Disaster' Finale Performance: 'Yikes'
- Taylor Swift attends Este Haim’s NYE wedding to Jonathan Levin at boutique hotel in California