Bank of Japan Hints at Rate Hikes: A New Era for Monetary Policy
Following its December 18–19 meeting, the Bank of Japan (BoJ) signaled a potential departure from its long-standing ultra-easy monetary policy. Governor Kazuo Ueda and the BoJ board indicated that if Japan’s economic performance and price trends stay on track with current forecasts, further interest rate hikes are likely. A Shift Toward Normalization The central bank … Read more