BOJ’s Deputy Chief Says Will Raise Rate If Outlook Realized

Bloomberg News

BOJ’s Deputy Chief Says Will Raise Rate If Outlook Realized
Governor Ryozo HiminoBank Of JapanPolicy Settings
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(Bloomberg) -- The Bank of Japan will continue to raise its benchmark rate, unwinding easy policy settings, if the economy performs in line with projections,...

-- The Bank of Japan will continue to raise its benchmark rate , unwinding easy policy settings , if the economy performs in line with projections, Deputy Governor Ryozo Himino said, signaling no change to the bank’s stance after the nation installed a new government.From Cleveland to Chicago, NFL Teams Dream of Domed Stadiums

At the same time, Himino indicated the need to keep monitoring the global economy further in a sign he sees no rush to raise borrowing costs when the board next meets at the end of the month. US employment gauges and consumption trends and Chinese consumer spending “may deserve more attention than before,” he said.

Himino noted that the bank came under criticism for poor communications after its July 31 rate hike surprised traders and was partly blamed for sparking turmoil in global financial markets in early August. Thredd Reports Another Successful Quarter With Fintech Transaction Volumes up and New Issuer Signings

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Governor Ryozo Himino Bank Of Japan Policy Settings Benchmark Rate

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