BOJ rate hikes expected every other meeting to 2% terminal
Societe Generale’s Jin Kenzaki says the BOJ is likely to raise its policy rate at every other meeting to a terminal rate of 2% by June 2027 after Friday’s move to 1.25%.
The Bank of Japan is likely to lift its policy rate at every other meeting until it reaches a terminal rate of 2% by June 2027, Societe Generale's Jin Kenzaki said in a note. 25%, Gov. Kazuo Ueda said underlying inflation is approaching it…