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JAPAN’S SUZUKI: THERE WILL LIKELY COME A TIME WHEN INTEREST RATES WILL BEGIN TO RISE

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Japanese Finance Minister Shunichi Suzuki said there will likely come a time when interest rates will begin to rise and affect the economy through various channels, according to the Nikkei newspaper on Saturday.

Key quotes

"The Bank of Japan holds jurisdiction over monetary policy. But there will be a phase when interest rates go up.”

"I am aware there are various opinions in the market,"  

“Declined to comment on whether a weak yen or a strong yen, was desirable for the economy.”


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