Japanese Firms Oppose Rate Hikes Amid Iran War Concerns, Reuters Survey Shows
A Reuters survey indicates that more Japanese firms are opposing interest rate hikes by the Bank of Japan (BOJ) due to uncertainty caused by the Iran war and its impact on global growth and corporate earnings. The survey shows that 30% of respondents do not want a rate hike at all, up from 17% in January, with concerns over rising oil prices and supply disruptions.
Topics: Bank of Japan corporate earnings energy prices global growth interest rates Iran war