Tag: himino
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BOJ flags risk of inflation overshoot, signals rate-hike intent
TOKYO, June 19 : Bank of Japan Deputy Governor Ryozo Himino on Friday said inflation could overshoot the bank’s 2 per cent target and flagged the cost of being too late in raising interest rates, signalling resolve to continue pushing up borrowing costs.The remarks reinforce market expectations the BOJ will r
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BOJ deputy governor Himino signals resolve to keep raising rates
TOKYO, June 19 : Bank of Japan Deputy Governor Ryozo Himino said on Friday the central bank will continue to raise interest rates with an eye on the risk of underlying inflation overshooting its 2 per cent target.Wholesale inflation was accelerating at a somewhat fast pace as companies pass on rising costs fr
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