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المشهد العربي
BOJ affirms inflation-driven policy
The Bank of Japan confirmed that its monetary policy is fully aligned with developments in inflation within Japan. Governor Kazuo Ueda explained that the decision to raise interest rates or increase them by 50 basis points depends on the inflation rate and the risks associated with it, noting that core inflation has not exceeded 2% so far. He clarified that the bank strives to maintain inflation stability to avoid sudden interest rate hikes, which could negatively impact the economy. He also emphasized that a final assessment of the situation will take time, taking into account inflation risks and financial conditions. Future decisions will be based on inflation developments and financial risks, with all options remaining open.
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