Asia
Market Chatter: Bank of Japan Signals Future Interest Rate Hikes Amid Inflation Risks
The Bank of Japan (TYO: 8301) Governor Kazuo Ueda reiterated the risk of inflation exceeding the central bank's 2% target and signaled its readiness for future interest rate hikes, Bloomberg News reported Wednesday, quoting Ueda.According to Ueda, the bank will consider economic activity, prices, and financial conditions in determining future interest-rate hikes and monetary policy adjustments.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Nikkei 225TYO:8301
