BoJ to raise policy rate to 1.25% from 1.00%
BoJ is set to raise its policy rate to 1.25% from 1.00%, the highest since 1995, with the decision due between 03:00-05:00 GMT.
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BoJ is set to raise its policy rate to 1.25% from 1.00%, the highest since 1995, with the decision due between 03:00-05:00 GMT.
A LiveSquawk preview says the Bank of Japan is expected to raise the policy rate by 25 bps to 1.25%, with attention on guidance about the pace and scale of further tightening.
SMBC Nikko Securities says the Bank of Japan is likely to lift its policy rate from 1.00% to 1.25% on Friday, then to 1.75% in June 2027 via additional rate increases.
The Bank of Japan is likely to accelerate the pace of rate increases to deal with upside risks in inflation, but probably not as fast as some market participants anticipate, Morgan Stanley MUFG Securities economists say. The brokerage expects the BOJ to raise its policy rate to 1.25% from 1.00% nex…
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