Japan's Suzuki affirms market-driven rate strategy - Breaking The News

Japan's Suzuki affirms market-driven rate strategy

18 June

1 min read

EPA-EFE/KIMIMASA MAYAMA

Japanese Finance Minister Shunichi Suzuki affirmed that the ministry will maintain its approach to managing debt through engagement with the financial markets. He emphasized that interest rates are determined by market forces.

Suzuki's comments align with Bank of Japan Governor Kazuo Ueda's suggestion of a potential July interest rate hike, citing a strengthening wage-price cycle and monitored economic recovery.

boj suzuki

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