Former senior executive of the Bank of Japan: The central bank may raise interest rates in April to control inflation.
Masaaki Kaizuka, former executive director of the Bank of Japan, said that the Bank of Japan may raise the benchmark interest rate this month to control inflation. He stated that recent economic indicators released by the Bank of Japan, including the rate of price increases, are close to the Bank's target of 2% and suggest an intention to raise interest rates. However, there is still uncertainty: if former US President Trump significantly changes the global economic outlook, it may impact the Bank of Japan's decision to raise interest rates.
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