Market talk: EFG expects BOJ rate hikes every three months
EFG International’s Sam Jochim says the BOJ could be reasonably expected to raise rates about once every three months until underlying inflation approaches 2%. He expects the next move to be an increase and for tightening to continue.
EFG International's Sam Jochim says the Bank of Japan could reasonably be expected to raise rates about once every three months going forward as underlying inflation moves toward 2%. He expects the next BOJ move to be an increase and said the tightening cycle will continue.