Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Bank of Japan Deputy Governor reiterates rate hike when conditions allow, but avoids discussing timing

Bank of Japan Deputy Governor reiterates rate hike when conditions allow, but avoids discussing timing

新浪财经新浪财经2025/09/02 05:04
Show original
By:新浪财经

  Bank of Japan Deputy Governor Shinichi Himino reiterated the central bank’s current policy on Tuesday: if conditions permit, the benchmark interest rate will be raised, but he did not disclose when a rate hike might occur, causing the yen to weaken.

  Speaking to local business leaders in eastern Hokkaido on Tuesday, he stated that the Bank of Japan should continue to raise policy interest rates and adjust the degree of monetary easing based on improvements in economic activity and prices.

  Since Shinichi Himino’s remarks lacked a strong hawkish tone, the yen weakened against the US dollar. Shortly after his speech, the yen traded at around 147.65 against the dollar.

  Wells Fargo Chief Asia Pacific Strategist in Singapore, Chidu Narayanan, said that the next step is still a rate hike, but the timing remains uncertain. After Himino’s speech, market expectations for a Bank of Japan rate hike this year declined slightly, which may put pressure on the yen.

  As traders scrutinize comments and data for any potential clues about the timing of the next rate hike, market pricing reflects about a 70% chance of a rate hike before the end of the year.

  The deputy governor avoided sending a clear signal, keeping all options open. This approach suggests that the Bank of Japan is unlikely to take action at its next policy meeting on September 19, although many expect a rate hike may occur in October.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Prediction markets bet on Waller as the Fed chair succession enters a critical moment

He is someone old enough who no longer needs to prove himself; someone with independent judgment who also knows how to express himself within the system.

BlockBeats2025/09/04 11:24
Prediction markets bet on Waller as the Fed chair succession enters a critical moment

Bulls take profits ahead of non-farm payrolls, gold falls below the $3,520 mark during trading

As employment downside risks increase, Federal Reserve officials are showing a clear willingness to shift policy. After breaking through a key level, gold has rebounded rapidly and still has greater upside potential in the short term...

Jin102025/09/04 10:53
Bulls take profits ahead of non-farm payrolls, gold falls below the $3,520 mark during trading

Next-generation Optimus revealed? Golden body, humanoid hands, and powered by Grok

The newly revealed Optimus prototype features a golden exterior, more human-like hand design, and is equipped with the Grok AI assistant, but its response in the demonstration still appeared slow.

Jin102025/09/04 10:52
Next-generation Optimus revealed? Golden body, humanoid hands, and powered by Grok

Starting from ABTC's 17% Surge After Listing: The Trump Family's Four-Front Battle and the Full Picture of Their Crypto Empire

The Trump family has gone public through American Bitcoin, showcasing their systematic layout in the digital asset sector, which covers mining, data centers, NFTs, meme coins, and DeFi. They are building a crypto ecosystem by leveraging their political influence. Summary generated by Mars AI. This summary was generated by the Mars AI model and its accuracy and completeness are still being iteratively updated.

MarsBit2025/09/04 10:35
Starting from ABTC's 17% Surge After Listing: The Trump Family's Four-Front Battle and the Full Picture of Their Crypto Empire