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BOJ Rate Outlook Puts December in Focus

BOJ Rate Outlook Puts December in Focus

Photo: TokenPost

December is in focus for the Bank of Japan’s policy outlook, with further rapid rate increases expected. The BOJ says its current rate remains far from neutral and inflation needs to stabilize near its target. The BOJ has previously said it would raise rates further if its outlook for economic activity and prices materializes. It has cited exchange-rate movements, demand tied to artificial intelligence and conditions in the Middle East as factors in setting the timing and pace of increases, as described in earlier coverage of the BOJ’s rate plans .

Source: TokenPost

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