Economic news

Japan’s incoming PM Ishiba calls for loose monetary policy

2024.09.28 21:00

TOKYO (Reuters) – Japan’s incoming prime minister Shigeru Ishiba said on Sunday the country’s monetary policy must remain accommodative as a trend.

© Reuters. FILE PHOTO: Shigeru Ishiba, the newly elected leader of Japan's ruling party, the Liberal Democratic Party (LDP) poses in the party leader's office  after the LDP leadership election, in Tokyo, Japan September 27, 2024. REUTERS/Kim Kyung-Hoon/Pool/File Photo

“It’s something the Bank of Japan, which is mandated to achieve price stability, will decide while working closely with the government,” Ishiba told public broadcaster NHK, when asked about further interest rate hikes by the central bank.

“From the government’s standpoint, monetary policy must remain accommodative as a trend given current economic conditions,” he said.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 98,578.41 0.43%
ethereum
Ethereum (ETH) $ 3,359.34 0.39%
tether
Tether (USDT) $ 1.00 0.03%
solana
Solana (SOL) $ 256.50 1.10%
bnb
BNB (BNB) $ 663.79 6.08%
xrp
XRP (XRP) $ 1.55 6.33%
dogecoin
Dogecoin (DOGE) $ 0.470116 19.06%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 1.09 20.27%
staked-ether
Lido Staked Ether (STETH) $ 3,357.87 0.48%
tron
TRON (TRX) $ 0.215866 7.97%
avalanche-2
Avalanche (AVAX) $ 42.38 11.65%
shiba-inu
Shiba Inu (SHIB) $ 0.000027 8.78%
the-open-network
Toncoin (TON) $ 5.68 2.73%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,968.19 0.03%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,219.32 0.37%
stellar
Stellar (XLM) $ 0.441691 49.40%
polkadot
Polkadot (DOT) $ 7.93 28.77%
chainlink
Chainlink (LINK) $ 17.04 11.22%
bitcoin-cash
Bitcoin Cash (BCH) $ 529.17 7.84%
sui
Sui (SUI) $ 3.55 0.86%
weth
WETH (WETH) $ 3,357.29 0.25%
pepe
Pepe (PEPE) $ 0.000021 2.11%
leo-token
LEO Token (LEO) $ 8.57 1.20%
litecoin
Litecoin (LTC) $ 103.27 12.18%
near
NEAR Protocol (NEAR) $ 6.26 10.22%
aptos
Aptos (APT) $ 12.60 5.30%
uniswap
Uniswap (UNI) $ 10.48 10.81%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,538.20 0.35%
hedera-hashgraph
Hedera (HBAR) $ 0.150733 10.21%
internet-computer
Internet Computer (ICP) $ 11.23 15.34%
usds
USDS (USDS) $ 0.998579 0.09%
crypto-com-chain
Cronos (CRO) $ 0.191226 0.94%
ethereum-classic
Ethereum Classic (ETC) $ 29.61 4.69%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.54559 17.40%
render-token
Render (RENDER) $ 7.75 5.97%
kaspa
Kaspa (KAS) $ 0.157119 4.70%
bittensor
Bittensor (TAO) $ 522.93 4.10%
bonk
Bonk (BONK) $ 0.00005 1.44%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.21%
mantra-dao
MANTRA (OM) $ 3.94 7.29%
whitebit
WhiteBIT Coin (WBT) $ 24.62 0.92%
vechain
VeChain (VET) $ 0.043548 32.58%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.34 6.04%
dai
Dai (DAI) $ 1.00 0.02%
arbitrum
Arbitrum (ARB) $ 0.83166 6.34%
dogwifcoin
dogwifhat (WIF) $ 3.39 1.43%
filecoin
Filecoin (FIL) $ 5.19 11.18%
blockstack
Stacks (STX) $ 2.07 6.00%
cosmos
Cosmos Hub (ATOM) $ 7.92 14.80%