BOJ's Counterintuitive Interest Rate Hike?
Stefan Angrick, Senior Economist, Moody’s Analytics
05-Aug-24 07:30
![BOJ's Counterintuitive Interest Rate Hike?](https://bfmcms.s3.ap-southeast-1.amazonaws.com/websiteimages/morning-brief/2024-08-05_bank-of-japan-economy-interest-rate-hike-outlook/og_f01f200d-6a28-41a5-8ddb-ab1b3e279d61.png)
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The Bank of Japan raised interest rates for only the second time in 17 years last week to about 0.25%, despite patchy economic indicators. How might this affect the growth outlook for the sluggish Japanese economy? We discuss this with Stefan Angrick of Moody’s Analytics.
Image Credit: Poetra.RH / Shutterstock.com
Produced by: Shazana Mokhtar
Presented by: Shazana Mokhtar, Philip See
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Tags: japan outlook, japanese economy, bank of japan,