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BOJ likely to hike rates to 1.5% under Ueda, former board member predicts
The Bank of Japan will probably raise its benchmark interest rate at least four more times to 1.5 per cent before Governor Kazuo Ueda's term ends in early 2028, former central bank board member Makoto Sakurai told Reuters. Sakurai, who retains close contact with incumbent policymakers, forecast another hike by year-end, two more increases in fiscal 2026, and one or two hikes in the year ending March 2028. "The BOJ is likely to steadily raise interest rates and normalise monetary policy," he said, adding that Japan's economy is in good shape with big companies reaping hefty profits from price hikes and the boost to ... (full story)
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- Sep 26, 2025 2:14am Posted byFundamental Analysis411.3K
