In a speech to business leaders in Nagano prefecture in central Japan, Naoki Tamura said that the central bank should raise rates to 1% or higher in the fiscal half starting in October.

OKAYAMA--The Bank of Japan must raise interest rates to at least 1% as soon as the second half of next fiscal year, hawkish policymaker Naoki Tamura said on Thursday, reinforcing the bank's ...

The Bank of Japan maintained its key short-term interest rate at around 0.25% during its final meeting of the year, keeping it at the highest level since 2008 and meeting market consensus.

(Bloomberg) -- A wild week in the currency markets has left hedge funds heading for the exits on their dollar trades and turning their attention toward the Japanese yen. Interest in the yen surged ...

In September, BOJ board member Naoki Tamura said the neutral rate "would be at least around 1 percent," although BOJ does not have an official neutral rate forecast. Chung noted that while ...

The remark by the policymaker Naoki Tamura came after the BOJ lifted its key short-term rate from 0.25 percent to a 17-year high of 0.5 percent late last month. With upside risks to prices ...

On Thursday, BOJ board member Naoki Tamura said that it was "necessary" for the BOJ to raise short-term interest rates to "at least around 1%" by the second half of fiscal year 2025. Japan's 2025 ...