BOJ Official Supports Rate Hike, Signals Possible Action at June 16 Meeting

GateNews
According to Jin10, on May 21, Bank of Japan board member Junko Koeda expressed support for raising the policy rate, citing potential inflation exceeding 2%. Speaking to business leaders in Fukuoka, Koeda stated that the BOJ should increase rates at an appropriate pace to address high inflation while considering economic trade-offs. Her comments suggest momentum for action at the central bank's next policy decision on June 16, marking the second board member to hint at near-term rate increases following similar signals from another official earlier this month.
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