Japanese Central Bank officials' remarks boost expectations of interest rate hike, and the yen strengthened in early trading

Jinshi data, February 6th, news, the speech of Takashi Tamura, a member of the Japanese Central Bank's deliberation committee, boosted the prospect of further interest rate hikes, and the yen strengthened against other G10 currencies and Asian currencies in early trading. Takashi Tamura said it is necessary to raise the interest rate to at least around 1% in the second half of fiscal year 2025, and the neutral interest rate may be at least around 1%. At last month's meeting, the Japanese Central Bank raised the policy interest rate from around 0.25% to around 0.5%. The dollar fell 0.4% against the yen to 151.99, touching a low of 151.83, the lowest intraday level since December 12 last year.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)