BOJ expert, Tsutomu Watanabe, predicts the Bank of Japan will likely wait until October at least to raise interest rates, considering data and inflation trends.
Former BOJ official and noted inflation expert, Tsutomu Watanabe, predicts the Bank of Japan will likely wait until October at the earliest to raise interest rates again. The BOJ will assess data and inflation trends before making a decision, and Watanabe suggests the bank should consider a plan for quantitative tightening. This contrasts with some BOJ watchers who predict a quicker move amid the yen's slump near a 34-year low.
April 01, 2024
3 Articles