BOJ’s Noguchi Suggests U.S. Economic Outlook May Support Future Rate Hikes
Bank of Japan board member Asahi Noguchi indicates that diminished downside risks in the U.S. economy could justify resuming interest rate hikes, while emphasizing careful and gradual policy adjustments.
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Terms & Concepts
- BOJ (Bank of Japan): The central bank of Japan, responsible for issuing currency and implementing monetary policy.
- Interest rate hikes: Increases in a central bank's benchmark borrowing rate, typically used to curb inflation or stabilize currency.