Broker Center sponsored links

BOJ's Suda: Natural to consider interest rate hike

Wed Mar 26, 2008 10:27pm EDT
 
Email | Print | | Reprints | Single Page
[-] Text [+]

(For more on the BOJ succession, click [ID:nT55777])

MIYAZAKI, Japan, March 27 (Reuters) - Bank of Japan policy board member Miyako Suda said on Thursday it was natural for the central bank to consider hiking interest rates given that monetary conditions are very accommodative.

But Suda added that it was time to carefully examine both upside and downside risks without preconceptions because financial markets remain unstable and the outlook for the economy is uncertain.

Suda, a former economics professor, was among the three board members who in January 2007 voted for a rate hike, which was opposed by the majority of the board. (Reporting by Leika Kihara; Editing by Hugh Lawson)

 

Featured Broker sponsored link

Editor's Choice

  • Pictures
  • Video
  • Articles
Photo

A selection of our best photos from the past 24 hours.  View Slideshow 

Most Popular on Reuters

  • Articles
  • Video
  • Recommended