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Bank of Japan Official Says Policy Rate Remains Far Below Neutral Level

2026-05-07 01:01:32

According to the Bank of Japan's policy meeting minutes released on May 7, a policymaker stated during the March 18-19 policy meeting that the benchmark rate remains far below the neutral level. Another member said the central bank needs to raise policy rates if there are no signs of economic deterioration. Committee members discussed accelerating the pace of rate hikes by considering shorter intervals between increases or larger rate increments. One official warned that high oil prices could lead to stagflation.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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