The truth behind the Bank of Japan's additional interest rate hike [Economics Column]
2024-09-01 00:02:00
The Tokyo stock market experienced historic volatility in early August, with some calling it the "Reiwa era's Black Monday." One of the triggers is said to be the Bank of Japan's additional interest rate hike. The Bank of Japan's move came as a surprise to many investors. Why did they take this step at this time? We explored this through interviews with "Bank of Japan watchers" who analyze the BOJ's every move. (Economics Department, Saito Mitsutaka and Mineta Tomoyuki)
