Bank of Japan deputy governor says rate hikes likely to continue
By Leika Kihara
Published on March 2, 2026.
The Bank of Japan Deputy Governor, Ryozo Himino, has stated that the central bank is expected to gradually shift towards a more neutral monetary policy stance by increasing interest rates. He also noted that while underlying inflation is steadily rising, it is premature to believe it has reached 2% for sure. The inflation gap between underlying inflation and the Bank's 2% target is slightly negative now, but likely to approach zero in the future.
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