Japan's Kiuchi Urges Bank of Japan to Hike Rates
Update: 2025-12-05
Description
Japans Economic Revitalization Minister, Minoru Kiuchi, has urged the central bank to collaborate with the government on monetary policy decisions. Despite his usual preference for looser policies, Kiuchi has not opposed a potential interest rate hike. The Bank of Japan is expected to raise rates in December, with the government likely to accept this decision. Kiuchi emphasized the importance of close communication between the bank and the government to achieve the two percent inflation target.
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