BOJ deputy signals readiness for further rate hikes as inflation nears 2% target
Briefing by News4U · First published
Deputy Governor Ryozo Himino said AI-driven demand is lifting prices and that delaying policy adjustment risks entrenching inflation.
Bank of Japan Deputy Governor Ryozo Himino told parliament that underlying inflation is already very close to the 2% target and that medium-term expectations continue to rise, with AI demand boosting exports and capital spending. [1] [2]
Himino noted that financial conditions remain accommodative even after last month’s rate increase, as real borrowing costs stay low and bank lending grows strongly. [1] [2]
He warned that postponing further policy adjustment could turn inflation risks into reality and ultimately harm the economy. [1] [2]
Sources
- 快讯
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