20 Hrs
Source:
المشهد العربي
BOJ Member Backs Interest Rate Rise
Japan's Central Bank Board Member, Aino Sato, expressed her support for raising interest rates to combat inflation, noting that the timing of the increase depends on consumption and income trends. She indicated that raising interest rates could support sustainable economic growth. Although she opposed the rate hike decision last month due to weak consumption and low inflation, rising oil prices and conflicts in the Middle East are increasing the likelihood of future interest rate increases.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)