Tankan Survey Backs Faster BOJ Rate Hike View
The Bank of Japan's Tankan survey results, with the headline index for large manufacturers reaching its highest since March 2018, support the view of a faster-than-before rate-hike cycle, according to Mizuho Securities economist Ryosuke Katagi.
Solid results from the Bank of Japan’s Tankan survey support the view that the BOJ could move to a faster-than-before rate-hike cycle, Mizuho Securities economist Ryosuke Katagi said. The headline index gauging sentiment among large manufacturers rose to its highest level since March 2018.