Shinichi Uchida
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Bank of Japan set to hike rates to 31-year high, drop hawkish signals
Bank of Japan set to hike rates to 31-year high, drop hawkish signals TOKYO, June 12 : The Bank of Japan is set to raise interest rates to a 31-year high next week and signal its readiness to keep pushing up borrowing costs, undeterred by the absence of its governor as it focuses on countering inflation risks from the Middle East war. The decision would align the BOJ with other central banks shifting towards tighter policy including the European Central Bank, which delivered a much...