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Bank of Japan: The Bank of Japan will raise interest rates to 0.75% in December, followed by an interest rate hike every six months
BlockBeats News, December 5th, Bank of America economist Takayasu Kudo wrote in a report that after the Bank of Japan raised the target interest rate from 0.5% to 0.75% at the meeting on December 18th to 19th, it is expected to continue raising the policy rate every six months.
He stated: "Based on recent corporate earnings, wage negotiations, the depreciation of the yen in the foreign exchange market, and developments such as dialogues with the government, the Bank of Japan is increasingly confident that it can raise interest rates at the upcoming December meeting."
This economist predicts that the Bank of Japan will raise interest rates in June 2026, followed by additional rate hikes in January and July 2027. (Kyi)
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