From TokenPost · · 40s
BOJ Policy Maker Koeda Pushes for Rate Hikes
Japan's Bank of Japan urges more interest rate hikes as inflation rises.
In brief
Japan's Bank of Japan urges more interest rate hikes as inflation rises. Japan's Bank of Japan policy board member Junko Koeda called for additional rate increases after 70% of consumer goods saw price hikes year over year. Originally reported by TokenPost.
Junko Koeda
Bank of Japan policy board member Junko Koeda urged more rate increases as prices climb in Japan.
Inflation Data
Over 70% of Japan's consumer price index items recorded higher prices year over year.
Rate Increase
The Bank of Japan raised its overnight rate target to 1.25% after a 7-2 vote on Sept. 18.
In short
Japan's Bank of Japan policy board member Junko Koeda called for additional rate increases after 70% of consumer goods saw price hikes year over year.
