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(Reuters) -E Japanese raised the interest rate on Friday to the highest 2008 and improves its financial prices, highly emphasize Its hope that rises rises will keep the inflation stuck around its 2% intention.
Its two-day meeting on Friday, BOJ lifted a short term policy rate from 0.5% – the situation in Japan has not seen in 17 years. It was done With 8-1 choices and a board to hear Nak’mbura opposed.
The following are quoted from the governor of Boj Kazuu Ueda at his afternoon meeting, which was made in Japanese, as translated reuters:
Reward Heka
“Many firms say they will continue to raise wages … Various points show that the US economy is in a firm position. The wide range of Trump strategies . -Jee a weak yen raises the cost of purchase abroad. “
Strategy LOVE
“There is no change in our point of view to raise our policy rate and repair the financial support measure if the economy and prices go in accordance with our estimates.”
“Time and the speed of repairing financial support will depend on economic and cost progress at the moment. We do not have any pre-setting. We will make a decision in any meeting at every meeting one of the policy by looking at economic and purchase progress together with accidents. “
The announcement is the most prices
“Pricing of the financial price is healthy. I don’t think we’re too late to handle the financial price.”
Trump’s legal service
“There is very high uncertainty in a rate of billing. Once there is more clever, we will take that in our forex and reflect when we make a strategic decision.”
“It is necessary to raise the rents according to economic progress and prices. We also need to see how the rising of our rate is gradually affected in a few categories, As we examine carefully the effect of our steps.. ”
TEACHER TERINE
“There is no change in our view about the rate of neutrality, that in our rate that sows in a broad group. In terms of neutrality, it is true after raising ratings. To 0.5%.
“Boj’s estimate demonstrates neutral rate, with nouns, in 1% -2.5%. There is still a place of place, is given a measurement of time short is 0.5%. We need to deepen the exams. About where the rate of neutrality is affected as much as we will try as much as we do I can.
To make Japanese moving
“Government has a slightly different description of deflation as we are focused on our 2% of the Inflation target … according to the usual definition of deflation, which is the economy Pricing the drop down, it seems Japanese left this from this little, of course, the danger that Japan’s back to the time, but the opportunity seems to be very low.
“A greater rising of financial prices in 2025 finance is mainly due to cost-spectacle in the first part of that year, which may only be the last half.” Change the ear. “