Is the Bank of Japan taking on a "hawkish" stance again? Officials: Gradual interest rate hikes are appropriate.
On October 16, japan Bank of Japan Policy Board member Takashi Ando stated in a speech that Japan has the conditions for policy normalization, and it is appropriate for the Bank of Japan to adopt a gradual interest rate hike approach.
Japan's new prime minister made a stunning move! He announced the dissolution of the Japanese House of Representatives just 8 days after taking office.
①Japanese Prime Minister Shigeru Ishiba announced the dissolution of the Japanese House of Representatives on Wednesday and called for an early election on October 27; ②Critics believe that Ishiba's "hasty" move prioritizes the election over allowing scrutiny of new government policies, with suspicions of evasion.
How do you view the recent "hawkish" stance of the Bank of Japan executives? Goldman Sachs: The next interest rate hike may still have to wait until January next year.
Goldman Sachs believes that when evaluating the timing of interest rate hikes, it is important to consider financial market stability and inflation trends. The bank predicts that January next year will be the best time to determine whether Japan's inflation will rebound, and based on this, determine that Japan will raise interest rates in January. However, if there is significant turmoil in the financial markets, the timing of the rate hike may become uncertain.
Former senior official of the Japan Financial Services Agency: There may be another rate hike before the end of the year!
Former senior official Tomoko Amaya of the Japan Ministry of Finance said that the central bank may raise interest rates again before the end of the year; she said that what matters is not the level or volatility of stock prices, but the level of confidence. The stable recovery of the market is enough to make interest rate hikes possible this year.
Fearless of a repeat of 'Black Monday'? The Bank of Japan's Governor takes a strong hawkish stance: still planning to raise interest rates.
Although Japan's stock market experienced a "Black Monday" crash at the beginning of this month, the Bank of Japan's determination to raise interest rates seems to remain unshaken. On Friday, Bank of Japan Governor Haruhiko Kuroda stated during questioning in parliament that if Japan's inflation and economic data continue to meet the central bank's expectations, the Bank of Japan will continue to raise interest rates.
Japan's exports in July fell slightly below expectations, with a significant increase of 27.8% in semiconductor manufacturing equipment exports.
Due to strong demand in the market for chip manufacturing equipment, Japan's exports to the United States increased by 7.3% in July. Against the background of the Bank of Japan gradually withdrawing from the ultra-loose monetary policy, the yen may continue to rise, which will also bring obstacles to Japan's export growth.