BOJ Should Raise Rates at Every Meeting, Ex-Currency Chief Says

The former currency chief is advocating for the Bank of Japan to consistently increase its benchmark interest rate at each meeting, aiming to push it above 2%. This move is intended to close the interest rate gap with the US, thereby reducing the pressure on the yen. Such a strategy could have significant implications for Japan's economy and its currency stability, potentially influencing global financial markets as well. For more details, check out the full article on Bloomberg.