v2 Chapter 1735： Bank rate hike eight

As the country's central bank, the Bank of Japan's domestic status naturally goes without saying; its influence is even more unparalleled. Just after going to work on Monday morning, major newspapers received news; the Bank of Japan was about to hold a press conference and bluntly stated that there were major decisions to be announced.

For the rising stock market and property market, the discerning eye knows that the Bank of Japan is bound to act, otherwise the situation will be difficult to control. At this time, ordinary people, even if they spend two lifetimes of savings, can't buy a house; how can such a life be said to be happy.

The people are the cornerstone of a country, and it is impossible for a country to be all elites; But in the hearts of the vested interests, how can they care whether the people's lives are happy or not. Now that the Bank of Japan is finally taking action, it is still worth looking forward to.

After all, although there are a lot of home buyers, the proportion in the whole country is not very large.

Mie Yeyasu just put down the phone; the old boss, the former president of the Bank of Japan, the Minister of Finance Sumita Tomomi just called him to ask about the specific situation; he was not very satisfied either inside or outside. After all, it was during the time when Satoshi Sumita was in charge of the Bank of Japan that the domestic property market and stock market began to soar.

Moreover, several interest rate cuts were driven by Satoshi Sumida; just a few days after taking office, he wanted to overturn the established policies and guidelines of his predecessor; it is definitely a taboo in the workplace.

But Yasushi Mieno knew that for Japan to have a future; he had no choice.

He directly rejected Sumida's request, saying that the Bank of Japan is now in charge of him; and the policies formulated are in line with the domestic economic situation.

As for Mie Yeyasu's character, Sumida Zhi of course understands; knowing that he can't persuade him, he can only give up! Exhort him not to go too far, lest it end badly. It is inevitable that banks will raise interest rates, so it can be appropriate to increase a little less, so that the stock market and property market will slowly return to rationality.

Just destined to let it down, Mie Yeyasu knew that he could be removed at any time; how could it be possible to take a gentle approach.

At 8:30 a.m., in the Bank of Japan Information Office; it was already crowded. Although it has only been half an hour, the media who received the notice dispatched elite soldiers as soon as possible; no one wanted to miss this opportunity.

The Bank of Japan hasn't made any big moves for a long time, and it is so important today; the most important thing is very suddenly, everyone realizes that things are not that simple.

Mie Yeyasu came to his own position, and he must make a quick decision to achieve a fait accompli. If the press conference is delayed, it is likely to be blocked. Although the chaebol family does not dare to directly interfere in the operation of the Japanese banks and the promulgation of policies, they are also worried that someone will jump over the wall and involve huge interests;

I know that there are still reporters on the way, but I don't want to wait any longer; we must let the world know about the Bank of Japan's interest rate hike policy before the stock market opens.

Mie Yeyasu said directly into the microphone: "Friends from the reporters, good morning everyone! Today the Bank of Japan will have a major decision to announce, and I will not be interviewed by anyone."

"As for follow-up interviews, you can contact the Bank of Japan news department; specific arrangements will be made according to the situation."

The tone will be set directly when he comes up, and it is not difficult to see from here that Mie Yekang is full of courage.

Although there are many questions I want to ask, I also know the character of the other party; the reporter is not entangled, and I still want to listen to what the other party has to say before deciding the next move.

Mie Yekang is also very direct. He can only bear the blame for this matter, and only he can bear it. Even if he is held accountable later, or retaliates; it is good for him to bear it alone. As for the employees, we still have to protect them as much as possible; they are the future of the Bank of Japan. As long as the national economy is on the right track, combined with the diligence and creativity of the Japanese people, it will soon be able to restore glory.

It does not give reporters time to think, since it has been decided; it must be implemented in place.

Mie Yeyasu said very seriously to the microphone: "Since the 1960s, Japan has surpassed the Federal Republic of Germany to become the second largest economy; the domestic economy has always been developing at a high speed."

Currently in Japan, it is widely believed that housing prices will rise sharply in the future. And because the yen began to appreciate gradually, people's purchasing power increased, they began to invest in real estate.

At this moment, the booming real estate speculation in Japan has led to rising housing prices; and the higher the housing prices, the more Japanese are attracted to invest in real estate. Like a snowball, the real estate bubble is getting bigger and bigger.

"A large number of company employees are afraid that they will miss the opportunity to get rich, and as long as they have a little savings, they will invest in real estate; rural farmers also start to take the money in their hands to bank loans to buy houses."

"In my opinion; this is a very dangerous thing; the reason why Japan's economic strength keeps growing is because its industrial strength has become stronger. One of the core roles of the Bank of Japan is to facilitate the development of the real economy; only positive The development of the real economy such as industry and agriculture is the foundation of a country's economic development, and the Bank of Japan should continue to use this truth."

"After careful consideration, the Bank of Japan has decided to raise interest rates; to raise the current real estate loan interest rate from 2.5%; to 6%; and to implement it from today."

"The interest rate of real industrial loans will remain unchanged; however, the loan will be strictly reviewed; only if it is determined that the enterprise will use the loan for R&D and production purposes for expanding operations, the existing interest rate can be enjoyed."

It was not killed with a single stick, which means that there is room for relaxation; it cannot be heard from Yasushi Mie's words that the Bank of Japan is going to take action on the real estate market. But at the same time, it also shows support for the real economy, otherwise it will not keep the loan interest rate unchanged.

As for strict inspection, it is quite normal, after all, there is a loan interest rate difference; if it is used by people with intentions, they will all make loans in the name of business operations and continue to speculate on real estate; then it will be meaningless for banks to raise interest rates!

After speaking, there was no opportunity for reporters to ask questions, and he left the press room directly; there is still a lot of work to be done, at least to give an explanation to the senior management.

Many reporters at the scene immediately became nervous. Bank interest rate hikes will not only be reflected in the real estate field; the stock market will react more strongly. The purpose of the Bank of Japan is obvious, that is, to intervene in the stock market and property market through administrative means. The increase in loan interest rates means that deposit interest rates will also increase accordingly; then people will have more choices.

The money that was in the bank before, felt meaningless; the annual interest was pitiful. Use the funds more rationally; become a problem that needs to be considered; the stock market and the property market are naturally the first choice!

Now I find that the deposit interest is not bad, and the most important thing is very safe; this is not everyone in the world wants to take risks, and some people are not suitable for making quick money. The funds that entered the stock market and property market before will inevitably be withdrawn; there is no financial support, coupled with the increase in bank loan interest rates; the stock market and property market will naturally not be much better.

The reporters who come here are basically middle-class families; I can't say how rich they are, but there is still some money to buy a property and invest in stocks.

Now that I hear the interest rate hike policy of the Bank of Japan, I immediately feel that the situation is not good; I want to quickly sell all the stocks in my hands, and it will be too late if UU reading is too late.

Mie Yeyasu saw that the goal was achieved, so he did not stay in the press room; although he made it very clear before, he would not be interviewed. It can only be said that Mr. President thought a lot, and no one paid him any attention when he left; it was about his life and value, and before ordinary people reacted, of course, he had to pass the news to his family as soon as possible; if it was too late, it would be too late.

The newsroom of the Bank of Japan was in an instant chaos, and all began to call relatives and friends; let them sell all the stocks as quickly as possible.

Although it was only a few minutes earlier, it was these minutes; many journalists did not lose much property. This is the advantage of being well-informed, and the public simply cannot envy it.

The Tokyo Stock Exchange also got the news that the Bank of Japan announced a rate hike; it was a bit sudden and they were caught off guard. But now is not the time to hold the intelligence officers accountable, and the only thing to blame is the failure to do a good job in predicting the market.

At this moment, the president of the Japan Stock Exchange, Suzuki Jubei, is listening to the report of his subordinates, and he only heard an outline on the phone; at this moment, he has directly obtained the original recording of Mie Noyasu, and his authority is absolutely unquestionable.

While there is no mention of the stock market, banks raise interest rates in any country; the first to be hit is the stock market. This has already formed an economic law, and no one can change that!

I just didn't expect that the old boy would be so ruthless and increase the bank interest by more than 2 times at once; this has never happened in the history of Japanese banks.