The Bank of Japan has just announced that it will maintain interest rates at 0.25%, a decision that has attracted widespread attention.
Although the Japanese economy has improved, it has not yet reached the ideal state of raising interest rates, and raising interest rates may affect economic recovery.
In addition, the fluctuation of the yen exchange rate has reduced the pressure of rising prices, so the central bank has chosen to continue to observe economic development.
Governor Kazuo Ueda pointed out that interest rate hikes may be considered in the future, but at present they are more inclined to act cautiously.
Although prices have exceeded the 2% target for four consecutive months, Ueda is optimistic about controlling the upward trend. 👉** Follow me to view the homepage introduction and start your wealth journey! **🚀
The market has mixed reactions to this, with the yen and stock market fluctuating. Experts predict that the timing of interest rate hikes will depend on the performance of the economy and financial markets.
In general, the Bank of Japan is closely monitoring economic dynamics to lay the foundation for future interest rate decisions.
