A former BOJ board member says April is the most likely timing for the next rate hike, as policymakers await wage data and updated forecasts, signaling a cautious but ongoing normalization process. This comes via Bloomberg (gated) • Former BOJ board member Seiji Adachi says April is the most likely timing for the next rate hike. • March move seen as risky due to limited confirmation on wages and inflation trends. • April meeting will include wage negotiation outcomes, Tankan surveys and updated forecasts. • PM Sanae Takaichi unlikely to block hikes due to market sensitivity, particularly yen risks. • BOJ seen as more ... (full story)