BOJ’s Hike Seen as Net Plus of $5 Billion for Japan Households
The Bank of Japan’s interest-rate hike to a three-decade high of 0.75% is likely a net positive for households — to the tune of about ¥800 billion ($5 billion) a...
By Hideki Suzuki · Bloomberg Markets
The Bank of Japan’s interest-rate hike to a three-decade high of 0.75% is likely a net positive for households — to the tune of about ¥800 billion ($5 billion) a year, according to Mizuho Research & Technologies Ltd.’s senior economist.