[BOJ Rate Hike Decision] Hard to deny the sense that the BOJ has fallen behind; policy rate could reach 2% by the end of next year — Fukaya Koji (深谷 幸司), fellow at Market Risk Advisory (MRA)

Although the BOJ decided to raise rates, it has been suggested that the move came too late. Fukaya Koji (深谷 幸司), a fellow at Market Risk Advisory, suggested that the policy rate could be raised to 2% by the end of next year.