BOJ will debate whether to hike rates next week, deputy gov Himino says

BY Reuters | ECONOMIC | 01/13/25 08:51 PM EST

YOKOHAMA, Jan 14 (Reuters) - The Bank of Japan will debate whether to raise interest rates at next week's policy meeting based on its new quarterly growth and inflation forecasts, Deputy Governor Ryozo Himino said on Tuesday.

In a speech to business leaders in the city of Yokohama, Himino also said the "broad direction" of U.S. economic policy will likely become clear in President-elect Donald Trump's inaugural address next week. (Reporting by Leika Kihara Editing by Chang-Ran Kim)

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article