BoJ signals continued rate hikes despite near-target inflation

Bank of Japan board member Kazuyuki Masu has reiterated the necessity for further rate hikes, with the Financial Times confirming his view that continued tightening is required to address accommodative financial conditions and specific risks from oil prices, AI demand, and exchange rate movements.
Financial Times reports via GN markets/policy (en-US) that BoJ board member Kazuyuki Masu has explicitly stated the central bank must continue raising rates, reinforcing the hawkish stance previously outlined regarding accommodative financial conditions.
Source: GN markets/policy (en-US)GN markets/policy (en-US) reports that Masu clarified the central bank is actively monitoring oil price volatility, AI-driven demand, and forex fluctuations to determine the specific timing of future hikes, while noting that underlying inflation remains just below the 2% target.
Source: GN markets/policy (en-US)Bank of Japan board member Kazuyuki Masu indicated the central bank will keep raising rates. This decision follows a period of accommodative financial conditions.
Source: GN markets/policy (en-US)






