BOJ Deputy Governor Himino Signals Readiness to Raise Rates
Ryozo Himino said Japan’s underlying inflation is close to the BOJ’s 2% target and financial conditions remain loose, signalling readiness to raise borrowing costs.
By Leika KiharaJapan's underlying inflation is quite close to the central bank's 2% target and financial conditions remain loose, Deputy Bank of Japan Governor Ryozo Himino said on Wednesday, signalling readiness to raise borrowing costs.While rising fuel and raw material costs are pushing up price…