BOJ statement implies faster pace of rate hikes, Daiwa says
Daiwa Securities economist Kento Minami says the BOJ’s policy statement released Friday suggests the bank will likely keep a faster pace than markets previously expected—about twice a year.
The Bank of Japan's policy statement released Friday signals the bank will likely keep a faster pace than the previously expected timeline of hiking roughly twice a year, Daiwa Securities economist Kento Minami said. Minami said the key point is the BOJ's assessment that financ…