After meeting with the Japanese Prime Minister, the Governor of the Bank of Japan hinted that they will continue to maintain their policy of raising interest rates.
According to the Zhidao Finance APP, on Tuesday, Japanese Prime Minister Takaichi Sanae met with the Governor of the Bank of Japan Ueda Haruo. Ueda Haruo stated that the Bank of Japan is gradually adjusting the intensity of its monetary easing policy, indicating his firm intention to cautiously raise interest rates. After their first bilateral meeting with the Prime Minister on Tuesday, Ueda Haruo told reporters, "The mechanism of inflation and wage growth synchronously is recovering. In view of this, I told the Prime Minister that we are gradually adjusting the degree of monetary easing."
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