ING Expects Bank of Japan to Deliver Two More Rate Hikes
ING says in a research note that the Bank of Japan is likely to deliver two more hikes in the next few months. The note also says the central bank announced it had reached its 2% price target, set in 2013.
Story updates
09:24:52 AM UTC
SquawkNews
UPDATE 5-BOJ declares victory in hitting price target, signals near-term hikes Adds comments from Ue
Bank of Japan is likely to roll out two more hikes in the next few months, ING says in a research note. The central bank of Japan announced it had hit its 2% price target, a target set in 2013. That's target which the Bank of Japan "has battled to hit after decades of deflation," ING says. ING expe…