Japanese media: Sanae Takaichi conveyed her concerns about further interest rate hikes to Kazuo Ueda.

2 gün önce 09:10

according to the Daily News citing sources on Tuesday, Japanese Prime Minister Sanae Takaichi expressed concerns about further interest rate hikes during a meeting with Bank of Japan Governor Kazuo Ueda last week. If the news is true, Sanae Takaichi's recent stance against raising rates again may complicate the Bank of Japan's planning, as coordination with the newly appointed government would become more challenging. Following the report, the yen weakened against both the US dollar and the euro. Kazuo Ueda said the meeting last Monday was mainly a general exchange on the economic and financial situation and stated that the Prime Minister did not make any specific monetary policy requests. Sanae Takaichi herself avoided discussing the details of their meeting, only expressing her hope that the Bank of Japan would work closely with the government to achieve its 2% inflation target, accompanied by wage growth. The meeting took place amid market speculation that rising living costs due to factors such as the weak yen might prompt the Bank of Japan to raise rates in March or April.
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