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BOJ to continue raising rates with eye on inflation risk, deputy governor says

BOJ to continue raising rates with eye on inflation risk, deputy governor says
Channel News Asia Friday 19 June 2026, 00:25 UTC 1 min read
Key Points

BOJ to continue raising rates with eye on inflation risk, deputy governor says 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. "There is a risk underlying inflation may deviate upward from our target," Himino told parliament while explaining why the BOJ decided to raise its policy rate to 1 per cent on Tuesday. When asked about...

BOJ to continue raising rates with eye on inflation risk, deputy governor says 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. "There is a risk underlying inflation may deviate upward from our target," Himino told parliament while explaining why the BOJ decided to raise its policy rate to 1 per cent on Tuesday. When asked about the weak yen, Himino said the BOJ was closely watching currency moves as among key factors affecting the economy and inflation.
BOJ (ORG) TOKYO (LOCATION) Bank of Japan (ORG) Ryozo Himino (PERSON) Himino (PERSON)
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