Bank of Japan Signals Potential Rate Hike Amid Rising Inflation Concerns
Date: 26-mar-2025
BOJ Considers Tightening Monetary Policy
On March 26, 2025, Bank of Japan (BOJ) Governor Kazuo Ueda announced the central bank's willingness to raise interest rates if sustained increases in food costs lead to widespread inflation. Japan's core consumer inflation reached 3.0% in February, surpassing the BOJ's target for nearly three years, primarily due to rising food prices. Ueda emphasized the importance of addressing broad-based inflation and stated that the BOJ aims to respond with tighter monetary policy if underlying inflation accelerates faster than anticipated. The central bank will assess the long-term trend of inflation by examining various indicators, with a particular focus on wage growth, to determine the timing and pace of rate hikes. External factors, such as tariff policies from the U.S., add to the complexity of the BOJ's decisions. Analysts predict a potential rate hike in the third quarter. Source
🔄 Read More
⬅ Previous: Shopify CEO Tobi Lütke Walks Back Work-Life Balance Views, Now Works Weekends Too
Date: 26-Mar-2025
Once an advocate of 40-hour work weeks, Shopify CEO Tobi Lütke now says he works over 10 hours daily and on weekends, marking a shift from his earlier work-life balance philosophy.
Next: Russia and Ukraine Agree to Black Sea Ceasefire Amid Sanctions Negotiations ➡
Date: 26-Mar-2025
Russia and Ukraine reach an agreement to "eliminate the use of force" in the Black Sea, contingent upon the lifting of sanctions on Russian agricultural exports.
📌 Latest Trending
US media: Elon Musk to soon leave US administration 🎥
04 Apr 2025