Japan PM Takaichi Denies She’s Driving Weak Yen, High Rates
Japanese Prime Minister Sanae Takaichi strongly denied the notion that she’s responsible for a weak yen and high interest rates.
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Japanese Prime Minister Sanae Takaichi strongly denied the notion that she’s responsible for a weak yen and high interest rates.
Tokyo’s implementation of a rule that requires all property buyers to declare their nationality is raising concerns among investors, according to analysts. Japan’s shift from an ultra-loose monetary policy to gradual normalisation of its interest rates was also likely to force investors to reconsider whether real estate assets were still attractive, they added. “Japan has had a really strong run for the last seven or eight years,” said Neil Brookes, head of Asia-Pacific capital markets at...
Kumamoto, Oct. 15 (Jiji Press)--Japan's underlying inflation is gradually stabilizing at around the Bank of Japan's 2 pct target, Junko Koeda, a member of the central bank's Policy Board, said on Thursday. The BOJ will adjust interest rates "in a timely and appropriate manner" to prevent inflation from rising above 2 pct, Koeda said at a press conference in Kumamoto, a city in southwestern ...
Tokyo, Oct. 1 (Jiji Press)--A Bank of Japan policymaker said at the BOJ's latest policy-setting meeting that the central bank needs to accelerate the pace of interest rate hikes, a summary of opinions at the Sept. 17-18 meeting showed Thursday. At the September meeting, the BOJ Policy Board voted 7-2 to raise its policy interest rate to 1.25 pct, three months after the previous rate hike in...