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September marked sea change in BOJ's policy approach Board seen revising up price forecasts in October, Sakurai says BOJ to raise rates in December, twice more by June 2027 Terminal rate seen at 2% but may be higher if inflation sticky Loose fiscal policy seen keeping yen weak, Sakurai says By Leika Kihara and Takahiko
By Leika Kihara and Takahiko WadaThe Bank of Japan is expected to raise interest rates roughly once every three months and push them up to 2% by around June next year to combat mounting inflationary pressures, former bank board member Makoto Sakurai said on Thursday.In raising interest rates to a 3…