Japanese media: Sanae Takaichi conveyed her concerns about further interest rate hikes to Kazuo Ueda

DeepFlowTech · 2026-02-24T07:45:06+00:00

Japanese Prime Minister Fumio Kishida and Bank of Japan Governor Kazuo Ueda meet, expressing concerns about interest rate hikes, which could affect future monetary policy coordination. The yen weakened on the news, and market forecasts suggest that rising living costs may prompt the central bank to raise interest rates in March or April.

DeepFlowTech

2026-02-24 07:45:06

Abstract generation in progress

Deep Tide TechFlow News, February 24 — According to reports from “Daily News” on Tuesday, Japanese Prime Minister Sanae Takaichi conveyed concerns about further interest rate hikes during a meeting with Bank of Japan Governor Kazuo Ueda last week. If the reports are accurate, Takaichi’s recent refusal to consider raising interest rates again could complicate the Bank of Japan’s plans, as coordination with the newly appointed government becomes more challenging. Following this news, the Japanese yen weakened against the US dollar and the euro. Ueda stated that last Monday’s meeting mainly involved general discussions on economic and financial conditions and that the Prime Minister did not make any specific monetary policy requests. Takaichi declined to comment on the details of their meeting, only expressing her hope that the central bank would work closely with the government to achieve its 2% inflation target along with wage growth. Market participants speculate that rising living costs caused by a weak yen may prompt the Bank of Japan to consider raising interest rates in March or April. (Jin10 Data)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.