QR JOB PORTAL
Back to Current Affairs
27 August 2026World Economy

Bank of Japan deputy governor calls for timely rate hikes

BOJ Deputy Governor Ryozo Himino said timely rate increases can prevent a future inflation spike.

He warned that underlying inflation moving above the 2% target could harm the economy and require sharper tightening later.

Important Points for Exam

Quick revision notes

  1. 1BOJ
  2. 2Ryozo Himino
  3. 32% inflation target
  4. 4Timely rate hikes

Test yourself

Practice Questions

1 MCQ

Q1. Which statement correctly describes “Bank of Japan deputy governor calls for timely rate hikes”?

Correct answer: B

He warned that underlying inflation moving above the 2% target could harm the economy and require sharper tightening later.