BOJ board member Masu signals continued rate hikes, flags producer price and inflation risks
Bank of Japan board member Masu said the BOJ is likely to keep raising interest rates amid still-loose financial conditions, citing a 7% rise in producer prices and the need to prevent underlying inflation from sharply exceeding 2%. He added that the pace of hikes will weigh oil prices, AI demand and FX, and that debating maturity zones of JGB holdings matters more than balance sheet size.
Detected & updated continuously · Source: Nebula
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@blckchaindaily
🚨 BOJ BOARD MEMBER MASU: BANK OF JAPAN LIKELY TO KEEP RAISING INTEREST RATES AMID CURRENT LOOSE FINANCIAL CONDITIONS $JPY
@blckchaindaily
🚨 BOJ'S MASU: NO SIGN RECENT RATE INCREASES ARE WEAKENING CORPORATE DEMAND FOR FUNDS; CONCERNED ABOUT POTENTIAL OVERHEATING OF CORPORATE INVESTMENT $JPY
@blckchaindaily
🚨 BOJ'S MASU: RECENT 7% RISE IN PRODUCER PRICES REQUIRES ATTENTION AS IT COULD BOOST CONSUMER INFLATION MORE THAN BEFORE $JPY
@blckchaindaily
🚨 BOJ BOARD MEMBER MASU: KEY FOCUS IS PREVENTING UNDERLYING INFLATION FROM SHARPLY EXCEEDING 2% $JPY
@blckchaindaily
🚨 BOJ'S MASU: CENTRAL BANK WILL WEIGH ECONOMIC PROJECTIONS AND KEY RISKS INCLUDING OIL PRICES, AI DEMAND AND FX WHEN DECIDING PACE OF RATE HIKES $JPY
@blckchaindaily
🚨 BOJ'S MASU: DEBATING MATURITY ZONES OF JGB HOLDINGS MORE CRUCIAL THAN BALANCE SHEET SIZE $JPY
@TeddyGambino
$/yen-weekly If B + BOJ keep pushing, no real support till 147. The danger is if it happens too fast, something breaks, panic ensues. https://t.co/PSeT4COg9W