BOJ Signals Inflation Nearing Target — Rate Hike Watch Intensifies
BOJ Deputy Governor Himino issued a barrage of hawkish signals, saying underlying inflation is approaching 2% and upside risks are high — keeping rate hike expectations alive.
What we know
In a rapid-fire sequence of headlines, BOJ's Himino stated that underlying inflation is approaching 2%, longer-term inflation expectations are rising, real rates remain low, and upside inflation risks are high. He also linked AI-driven investment demand to export growth. Japan is separately considering winter utility subsidies to ease household cost pressure. Markets will be watching closely for any shift in BOJ's rate trajectory.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.