Bank of Japan Governor Ueda signaled gradual interest rate hikes to support long-term growth, while monitoring overseas economic risks and market trends.
1Capital Region Tiger ★.Nov. 18, 2024 (Mon) 12:52:33.28ID:jIE03/ZN9
Bank of Japan Governor Ueda hinted at further interest rate hikes, saying that gradually raising interest rates in line with improvements in the economy and prices will “support long-term growth” of the Japanese economy. Bank of Japan Governor Kazuo Ueda: “Gradually adjusting the level of monetary easing in line with improvements in the economy and prices will support long-term growth and contribute to achieving the price stability target in a sustainable and stable manner,” Ueda said at a press conference today, indicating that the bank will continue to explore the timing of further interest rate hikes. However, when it comes to raising interest rates, the Bank will closely monitor risk factors such as the situation in overseas economies such as the United States and market trends, and will “make decisions based on the data and information available at each decision-making meeting.” For the full text, see source. Last updated: 11/18 (Mon) 12:43.
https://news.yahoo.co.jp/articles/838fde37a5d323f9f54fd7917dd8b352f5b09da3
55Anonymous Donburako.Nov. 18, 2024 (Mon) 13:05:04.29ID:ecJU2xel0
>>1
Interest rate hikes support growth?
I don’t really understand what you’re talking about.
Interest rate hikes support growth?
I don’t really understand what you’re talking about.
99Anonymous Donburako.Nov. 18, 2024 (Mon) 13:14:37.14ID:RVAMk2rk0
>>1
Long Breath is about dieting?
Long Breath is about dieting?
4Anonymous Donburako.Nov. 18, 2024 (Mon) 12:53:45.03ID:jVGCuTOc0
Mortgage-obsessed people and garbage small and medium-sized businesses will die.
31Anonymous Donburako.Nov. 18, 2024 (Mon) 12:59:49.41ID:RXxhrN7U0
>>4
Is there something bothering you?
Is there something bothering you?
42Anonymous Donburako.Nov. 18, 2024 (Mon) 13:01:08.63ID:R1gYpRxW0
>>4
Japan is the only country that’s saying interest rates shouldn’t be raised because mortgage borrowers will die.
Then just borrow at a fixed rate. Otherwise there’s no point in it being fixed.
Japan is the only country that’s saying interest rates shouldn’t be raised because mortgage borrowers will die.
Then just borrow at a fixed rate. Otherwise there’s no point in it being fixed.
5Security guard [lv.13].Nov. 18, 2024 (Mon) 12:54:21.09ID:wJy1Wia+0
As expected of President Ueda, he is very different from Ishiba Tamaki, who is more pro-investor.
6Anonymous Donburako.Nov. 18, 2024 (Mon) 12:55:03.58ID:BcKjmfaM0
Take action before prices spiral out of control.
7Anonymous Donburako.Nov. 18, 2024 (Mon) 12:55:22.55ID:+B7yBW7F0
It would be more efficient to kill off the poor and then allow the country to grow.
8Anonymous Donburako.Nov. 18, 2024 (Mon) 12:55:39.10ID:sCNDcRaj0
If we don’t raise it when we can, we won’t be able to lower it when we need to. The world will automatically fall into recession and Japan will be affected too.
9Anonymous Donburako.Nov. 18, 2024 (Mon) 12:55:55.35ID:3Mmhb8Fa0
1 dollar: 150 yen Small businesses revive
1 dollar: 150 yen Japanese ships start selling
1 dollar: 180 yen Shipbuilding revives
1 dollar: 240 yen Petrochemical products revive
1 dollar: 360 yen Heavy industry revives
1 dollar: 520 yen Hinomaru semiconductors revive
1 dollar: 1250 yen A space industry emerges in Japan
1 dollar: 2450 yen Mitsubishi builds a Mars base.
1 dollar: 150 yen Japanese ships start selling
1 dollar: 180 yen Shipbuilding revives
1 dollar: 240 yen Petrochemical products revive
1 dollar: 360 yen Heavy industry revives
1 dollar: 520 yen Hinomaru semiconductors revive
1 dollar: 1250 yen A space industry emerges in Japan
1 dollar: 2450 yen Mitsubishi builds a Mars base.
32Security guard [lv.13].Nov. 18, 2024 (Mon) 12:59:49.85ID:wJy1Wia+0
>>9
This person is an investor who holds dollar bonds and American stocks.
This person is an investor who holds dollar bonds and American stocks.
11Anonymous Donburako.Nov. 18, 2024 (Mon) 12:56:18.04ID:blpRCioq0
That’s good.
12Anonymous Donburako.Nov. 18, 2024 (Mon) 12:56:33.34ID:2Ts/cCDg0
The yen’s depreciation and price increases are likely to continue.
13Anonymous Donburako.Nov. 18, 2024 (Mon) 12:56:49.96ID:u7uw8Yht0
>>12
What happens if you proceed?
What happens if you proceed?
14Anonymous Donburako.Nov. 18, 2024 (Mon) 12:56:50.43ID:dGcEJ26f0
If we cut taxes and increase incomes, we can raise interest rates lol.
15Anonymous Donburako.Nov. 18, 2024 (Mon) 12:57:05.11ID:ceOPshWo0
I think it would be okay to raise interest rates until they reach 120 yen.
16Anonymous Donburako.Nov. 18, 2024 (Mon) 12:57:31.56ID:3Mmhb8Fa0
Interest rates rise → inflation → yen weakens → inflation → yen weakens → interest rates rise
Interest rates rise, leading to a spiral of yen weakening and inflation
An inflationary spiral is created.
Interest rates rise, leading to a spiral of yen weakening and inflation
An inflationary spiral is created.
17Anonymous Donburako.Nov. 18, 2024 (Mon) 12:57:51.13ID:BlvmMAOt0
The Bank of Japan used to be the one that failed to lower interest rates when it really needed to, and ended up raising them at the wrong time, causing the economy to tank.
19Anonymous Donburako.Nov. 18, 2024 (Mon) 12:58:21.42ID:a/DM/P590
The economy is stagnant though…(´・ω・｀).
20Anonymous Donburako.Nov. 18, 2024 (Mon) 12:58:28.14ID:MATo+yOo0
Ueda? Up there!!! 180 yen/$.
21Anonymous Donburako.Nov. 18, 2024 (Mon) 12:58:30.16ID:XHp5fzcE0
Is it right to fight cost-push inflation with interest rate hikes?
23Anonymous Donburako.Nov. 18, 2024 (Mon) 12:59:05.15ID:BknFiA3M0
>>21
That’s exactly what America is doing.
That’s exactly what America is doing.
30Anonymous Donburako.Nov. 18, 2024 (Mon) 12:59:45.17ID:bKAOBYtx0
>>21
No way.
Even if you do that, it’s like pouring water on lava, not like pouring water on a hot stone.
No way.
Even if you do that, it’s like pouring water on lava, not like pouring water on a hot stone.
22Anonymous Donburako.Nov. 18, 2024 (Mon) 12:59:05.25ID:3Mmhb8Fa0
If interest rates rise, Japanese companies will raise prices to repay their debts, and because Japanese people want to repay their debts, they will add to their costs, which will lead to inflation and a weaker yen.
28Anonymous Donburako.Nov. 18, 2024 (Mon) 12:59:35.43ID:u7uw8Yht0
>>22
So what happens?
What’s the punch line?
So what happens?
What’s the punch line?
24Security Guard [lv.1] [Sprout].Nov. 18, 2024 (Mon) 12:59:07.94ID:zLt/BM1i0
I wish they’d make it 1 yen to the dollar soon.
25Anonymous Donburako.Nov. 18, 2024 (Mon) 12:59:17.68ID:vcsl/zvq0
Aren’t interest rates being raised to curb inflation?
I don’t think raising interest rates will support economic growth.
I don’t think raising interest rates will support economic growth.
39Anonymous Donburako.Nov. 18, 2024 (Mon) 13:00:53.76ID:3Mmhb8Fa0
>>25
Raising interest rates helps the rich, so it’s not all bad.
Raising interest rates creates inflation, which leads to economic growth and has a positive effect on government bonds and the stock market.
Raising interest rates helps the rich, so it’s not all bad.
Raising interest rates creates inflation, which leads to economic growth and has a positive effect on government bonds and the stock market.
26Anonymous Donburako.Nov. 18, 2024 (Mon) 12:59:20.87ID:mzs8vgAu0
Are you taking Trump into consideration?
27Anonymous Donburako.Nov. 18, 2024 (Mon) 12:59:31.98ID:7A4PBcmf0
A lot of small and medium-sized businesses are likely to be in trouble, especially the real estate industry.
29Anonymous Donburako.Nov. 18, 2024 (Mon) 12:59:43.37ID:u7uw8Yht0
>>27
Less work?
Less work?
33Anonymous Donburako.Nov. 18, 2024 (Mon) 13:00:14.96ID:RUJ5Ue3s0
There is tremendous pressure for a weaker yen from new NISA investors buying US stocks.
34Anonymous Donburako.Nov. 18, 2024 (Mon) 13:00:21.19ID:eU86Bx0p0
Right is good, left is good, interest rates are high.
35Security Guard [lv.6] [Sprout].Nov. 18, 2024 (Mon) 13:00:23.93ID:4xAZhqz10
No interest rates didn’t provide any support whatsoever.
37Security Guard [lv.13] [Seedling].Nov. 18, 2024 (Mon) 13:00:27.14ID:JDEZJQrP0
When speaking, those in favor of easing should start with,
“I don’t think that upside surprises are a bad thing,”
and end with,
“Hyper!”
“I don’t think that upside surprises are a bad thing,”
and end with,
“Hyper!”
40Anonymous Donburako.Nov. 18, 2024 (Mon) 13:01:06.35ID:ZCsIjTy60
This is difficult. I don’t think the economy is doing very well, but is this the only option?
41Anonymous Donburako.Nov. 18, 2024 (Mon) 13:01:08.27ID:vEw2PhIA0
I’m already out of breath, what should I do?
44Anonymous Donburako.Nov. 18, 2024 (Mon) 13:01:34.57ID:jkz2uhhK0
Japan cannot move on unless it gets rid of the zombie small and medium-sized businesses.
58Anonymous Donburako.Nov. 18, 2024 (Mon) 13:05:48.90ID:cMw3aXD60
>>44
The problem is that if we do that, a tsunami of foreign capital will hit us.
It wouldn’t be such a problem if the Japanese economy and people were simply exhausted within Japan.
The problem is that if we do that, a tsunami of foreign capital will hit us.
It wouldn’t be such a problem if the Japanese economy and people were simply exhausted within Japan.
46Anonymous Donburako.Nov. 18, 2024 (Mon) 13:02:00.70ID:nlXbBwUR0
Who would trust the words of a guy who only thinks about getting a job in the private sector?
52Anonymous Donburako.Nov. 18, 2024 (Mon) 13:04:20.96ID:qZ9u3aBv0
The stock price won’t fall.
57Anonymous Donburako.Nov. 18, 2024 (Mon) 13:05:47.13ID:3Mmhb8Fa0
The worst thing about raising interest rates is that it will affect Japan’s economic growth. Raising interest rates will increase GDP, which is something the Ministry of Finance hates the most.
59Anonymous Donburako.Nov. 18, 2024 (Mon) 13:05:54.24ID:Au3QNUHm0
Japan is in a bind because of Abenomics.
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