TechFlow News, March 16: Moody’s Analytics stated in a report that the Bank of Japan (BOJ) is expected to hold its interest rates steady this week and may raise them to 1% around mid-year. The report noted that the Middle East conflict has heightened the risk of renewed inflation acceleration; however, the uncertainty stemming from this conflict will likely prompt the BOJ to maintain its current stance for now. It further indicated that if the yen weakens further, the BOJ could advance its timeline for raising interest rates later this year. Nevertheless, slowing wage growth and unstable real economic data make it difficult to justify an aggressive hiking path above 1%. (Jinshi)
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