Bank of Japan member Seiji Adachi said that even if the central bank seeks to raise interest rates, it will continue to maintain an overall relaxed financial environment. At a press conference held in Kagawa Prefecture, he said that even if the Federal Reserve cuts interest rates rapidly, it does not mean that the Bank of Japan cannot raise interest rates again; the market situation has calmed down compared to August, but there are still some factors that may disrupt the market. The basic inflation trend is still below the Bank of Japan's 2% target; the authorities are seeking to improve communication with the market while considering various factors; he expressed the hope that next year's wage increase will be similar to the level reached in trade union and business negotiations this year.

Zhitongcaijing · 10/16 06:41
Bank of Japan member Seiji Adachi said that even if the central bank seeks to raise interest rates, it will continue to maintain an overall relaxed financial environment. At a press conference held in Kagawa Prefecture, he said that even if the Federal Reserve cuts interest rates rapidly, it does not mean that the Bank of Japan cannot raise interest rates again; the market situation has calmed down compared to August, but there are still some factors that may disrupt the market. The basic inflation trend is still below the Bank of Japan's 2% target; the authorities are seeking to improve communication with the market while considering various factors; he expressed the hope that next year's wage increase will be similar to the level reached in trade union and business negotiations this year.