Japan Chief Cabinet Secretary Kihara says long term rate moves are to be determined by markets; are watching market moves incl. long-term rates
Newsquawk Staff ·
Japan Chief Cabinet Secretary Kihara says long term rate moves are to be determined by markets; are watching market moves incl. long-term rates.
What it means
Chief Cabinet Secretary Kihara's remarks signify a potentially more market-driven approach to long-term rates in Japan. This could be seen as a dovish shift, indicating that the government is open to observing market dynamics rather than strictly controlling rates, which could affect expectations for future monetary policy and impact Japanese yen and equities.
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