TechFlow News, February 9: BNP Paribas economists stated that, given Japanese Prime Minister Sanae Takaichi’s expansionary fiscal policy—which could further fuel inflation—the Bank of Japan (BOJ) is expected to raise interest rates at a slightly faster pace than previously anticipated. Analysts expect the BOJ to hike rates in April, followed by further monetary tightening every four to five months until the policy rate reaches 2%. The report noted: “Depending on future exchange-rate movements, the possibility of bringing forward the next rate hike to March cannot be ruled out.” Japanese officials have previously warned that the government stands ready to take measures against excessive yen volatility. (Jinshi)
Add to Favorites
Share to Social Media
