PANews December 19 News, according to Jintiao reports, Investinglive analyst Eamonn Sheridan stated that the Bank of Japan’s decision to raise interest rates by 25 basis points was unanimously approved, highlighting that policymakers generally agree that there is reason to take further steps toward monetary policy normalization under current conditions. The Bank of Japan hinted at a conditional openness to further tightening policies. Overall, the message conveyed by the Bank of Japan is clear: monetary policy normalization is underway, but the central bank remains committed to advancing gradually, cautiously, and data-dependently, without presetting the future rate hike path.
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Institution: The Bank of Japan remains committed to gradually, cautiously, and data-dependently advancing interest rate hikes
PANews December 19 News, according to Jintiao reports, Investinglive analyst Eamonn Sheridan stated that the Bank of Japan’s decision to raise interest rates by 25 basis points was unanimously approved, highlighting that policymakers generally agree that there is reason to take further steps toward monetary policy normalization under current conditions. The Bank of Japan hinted at a conditional openness to further tightening policies. Overall, the message conveyed by the Bank of Japan is clear: monetary policy normalization is underway, but the central bank remains committed to advancing gradually, cautiously, and data-dependently, without presetting the future rate hike path.