BOJ rate hike remains part of a gradual normalisation of monetary policy, says economist

The Bank of Japan raised interest rates to a 31-year high on Friday (Sep 18). The widely expected move, which was the first hike in three months, takes interest rates closer to levels the BOJ deems neutral to the economy. Norihiro Yamaguchi, lead economist at Oxford Economics, shares his views on CNA’s Asia Now. Subscribe to our channel here: https://cna.asia/youtubesub Visit our website: https://cna.asia Download our app: https://cna.asia/app Get our editors' picks of stories via chat apps: Telegram: https://cna.asia/telegram WhatsApp: https://cna.asia/whatsapp Follow us on these platforms: https://www.facebook.com/channelnewsasia https://www.instagram.com/channelnewsasia https://www.tiktok.com/@channelnewsasia