Gold ten data news on August 7th, the main potential candidates for the next Japanese prime minister support the policy of gradually increasing interest rates of the Bank of Japan, stating that monetary policy normalization can push down prices and increase industrial competitiveness. Shigeru Ishiba, a heavyweight figure in Japan’s ruling party, said: ‘The Bank of Japan is on the right policy path and is gradually catching up with the global interest rate.’ He said: ‘The negative impact of raising interest rates, such as large-scale selling in the stock market, has always been the focus of attention, but we must admit its advantages, because raising interest rates can reduce the cost of imports and make industries more competitive.’
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Thủ tướng Nhật Bản tiềm năng Ishiba Shigeru ủng hộ việc Ngân hàng trung ương Nhật Bản tăng lãi suất
Gold ten data news on August 7th, the main potential candidates for the next Japanese prime minister support the policy of gradually increasing interest rates of the Bank of Japan, stating that monetary policy normalization can push down prices and increase industrial competitiveness. Shigeru Ishiba, a heavyweight figure in Japan’s ruling party, said: ‘The Bank of Japan is on the right policy path and is gradually catching up with the global interest rate.’ He said: ‘The negative impact of raising interest rates, such as large-scale selling in the stock market, has always been the focus of attention, but we must admit its advantages, because raising interest rates can reduce the cost of imports and make industries more competitive.’