Bank of Japan: Japans Notenbank erhöht Leitzins auf höchsten Stand seit 31 Jahren
Die Währungshüter wollen das Risiko eindämmen, dass die Teuerungsrate das Inflationsziel der Notenbank übersteigt. Die BOJ reagiert mit der Straffung zudem auf das internationale Umfeld.
Tokyo - The Bank of Japan has raised its benchmark interest rate to its highest level in 31 years, the key rate increasing from 1% to 1.25%, according to the institution's statement in Tokyo on Friday. The decision was made after a two-day monetary policy meeting with a vote of seven to two in favor of the hike. While Deputy Governor Toichiro Asada and Ayano Sato dissented against the move, the central bank aims to curb the risk of inflation surpassing its 2% target.
The decision was widely anticipated in financial markets, as the Bank of Japan reacted to the international environment, following a similar move by the U.S. Federal Reserve that same day. Analysts suggest that this could put pressure on Japanese central bankers to maintain their stance, as a widening interest rate gap between the U.S. and Japan could weaken the yen, driving up import costs and fueling further inflation.
Inflation in Japan remained steady near the 2% target rate in August. Investors are awaiting the central bank's press conference by Governor Kazuo Ueda at 8:30 AM JST for any clues on the pace and timing of potential further rate adjustments. Since 2024, Japan's central bank has ended its decade-long policy of ultra-low interest rates and has raised rates multiple times since.
According to a Reuters survey, analysts expect the benchmark interest rate to reach between 1.5% and 1.5% by the end of March next year.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
