The International Monetary Fund (IMF) has advised the Bank of Japan (BOJ) that its current monetary policy is appropriate, but it should be ready to raise interest rates if inflation increases. This recommendation comes as a precautionary measure to address potential unexpected inflationary pressures.
The IMF says the Bank of Japan needs to be prepared to raise interest rates in case inflation unexpectedly flares https://t.co/HW6Ku2Y3TV
The IMF says the Bank of Japan needs to be prepared to raise interest rates in case inflation unexpectedly flares https://t.co/YQz1MdaPmi
IMF Urges BoJ To Prepare For Rate Hike In Case Inflation Flares - BBG https://t.co/uWhrIqQLKm
IMF Urges BOJ to Prepare for Rate Hike in Case Inflation Flares https://t.co/MLtZ76GwLU
🔴 IMF: BANK OF JAPAN'S MONETARY POLICY REMAINS APPROPRIATE, BUT BOJ SHOULD BE READY TO RAISE RATES IF INFLATION RISES.