Sat. 19 Apr 2025
☁️ 21°C in Dublin
🎮 Games
Date: 18-apr-2025
Bank of Japan Governor Kazuo Ueda addressed parliament on April 18, 2025, stating that the central bank could consider further interest rate hikes if underlying inflation trends continue approaching the official 2% target. This signals a shift in the BOJ’s historically dovish policy stance and reflects mounting concerns about both domestic and external economic pressures.
Governor Ueda emphasized the BOJ's commitment to data-driven decision-making, stating, “If inflation’s momentum proves sustainable and wage growth aligns, we may need to normalize further.” Japan has experienced a modest but persistent rise in consumer prices, alongside growing wage demands amid a labor crunch.
Ueda also cited external risks, including new U.S. tariffs and disruptions in global trade flows. These developments pose risks to Japan’s export-heavy economy, complicating monetary policy timing.
Financial markets responded with modest gains in the yen and slight declines in equity indices. Analysts expect the BOJ to take a measured approach, with no immediate hikes but increased attention to economic indicators in Q2 and Q3 of 2025.
No comments yet! Be the first one to comment.
Date: 18-Apr-2025
ITC Ltd. is set to acquire 24 Mantra Organic for ₹472.5 crore, expanding its presence in India’s booming health and wellness food segment.
Date: 18-Apr-2025
ITC Ltd. is set to acquire 24 Mantra Organic for ₹472.5 crore, expanding its presence in India’s booming health and wellness food segment.
