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: 2025.02.07
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IMF: BoJ likely to raise interest rates again this year
World FX news
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IMF: BoJ likely to raise interest rates again this year
New
2025.02.07 10:58
2025.02.07 10:58
2025.02.07 10:58
Nada Choueiri, Deputy Director of the International Monetary Fund's (IMF) Asia-Pacific Department and its mission chief for Japan, said on Friday that the "Bank of Japan (BoJ) is likely to raise interest rates again this year."
Additional quotes
See them reaching levels deemed neutral to the economy by end-2027.
See Japan's neutral interest rate in the band of 1-2%.
Japan's economy likely to expand 1.1% this year as continued recovery in wage growth underpins domestic demand.
Further BoJ rate hikes should be gradual, flexible to ensure pick-up in domestic demand.
Risks to Japan's economic growth are skewed to the downside as heightened uncertainty geopolitical fragmentation weigh on global growth.
Last updated
: 2025.02.07
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FXStreet is a forex information website, delivering market analysis and news articles 24/7.
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Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
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New
2025.02.07 11:36USD/INR holds steady as traders brace for RBI rate decision
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New
2025.02.07 11:23Japanese Yen retreats against USD amid some repositioning ahead of US NFP
The Japanese Yen (JPY) prolongs its uptrend for the fourth successive day and advances to a nearly two-month high against its American counterpart during the Asian session on Friday.
New
2025.02.07 11:17IMF's Gopinath: Japan's services inflation remains below 2% target
Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), said Friday that "Japan's services inflation remains below 2% target, which is why remains appropriate the Bank of Japan (BoJ) to maintain accommodative monetary policy." Additional quotes We see positive signs of Japan's inflation moving durably to the 2% target.
New
2025.02.07 11:02IMF: BoJ likely to raise interest rates again this year
Nada Choueiri, Deputy Director of the International Monetary Fund's (IMF) Asia-Pacific Department and its mission chief for Japan, said on Friday that the "Bank of Japan (BoJ) is likely to raise interest rates again this year." Additional quotes See them reaching levels deemed neutral to the economy by end-2027.
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2025.02.07 10:57Australian Dollar moves little as traders adopt caution ahead of US labor data
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2025.02.07 10:34Disclaimer:
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