Nomura: Rising oil prices may lead the Bank of Japan to delay rate hikes

Gate News message, April 14, an economist at Nomura said that because oil prices have continued to rise and there are concerns about the supply of petroleum products, Japan in the future faces “unprecedented risks,” and the Bank of Japan is likely to delay interest-rate hikes. In remarks on Monday, BOJ Governor Haruhiko Ueda, compared with the news briefing in March, was more concerned that the Middle East conflict could create downside risks for the economy. Ueda said that if the conflict continues, it will affect the business activities of Japanese companies through disruptions in supply chains.
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