Japan's Economy Minister, Seiichiro Ito, emphasized the importance of monitoring the economic outlook following the Bank of Japan's decision to raise interest rates to 0.75%. Ito acknowledged the central bank's move but pointed out potential risks from U.S. trade policies, inflation's impact on consumer spending, and market volatility. He underscored the necessity of maintaining sound monetary policies to foster economic growth and price stability, while also noting the significance of liquidity and crypto markets in combating terrorism financing.
Japan's Economy Minister Stresses Vigilance Post-BOJ Rate Hike
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
