Lates News

According to a consumer survey released by the Bank of Japan on Monday, some Japanese people have begun to feel the effects of the bank's interest rate hike. Approximately 21.2% of the respondents said that the interest rates are too high, compared to 19.3% in the survey conducted in March. Bank of Japan policymakers have repeatedly stated that real interest rates are still low, and if the economic situation improves, the bank will continue to tighten monetary policy. However, some economists believe that the bank should carefully consider any further actions, as the next rate hike will bring interest rates to levels not seen in the past thirty years.