The Bank of Japan will hold a monetary policy meeting on the 17th and 18th to discuss its policy stance for the time being. The prevailing market view is that a 0.25% rate hike will soon be decided, while Fujishiro Koichi (藤代宏一), chief economist at Dai-ichi Life Asset Management Economic Research Institute, suggested that the pace of rate hikes will accelerate.
The Bank of Japan is scheduled to hold a monetary policy meeting on the 17th and 18th to discuss its monetary policy stance for the time being. Market expectations indicate that a 0.25% rate hike is highly likely to be decided.
In an interview with Jiji Press commentator Kubozono (窪園), Fujishiro Koichi (藤代宏一), chief economist at Dai-ichi Life Asset Management Economic Research Institute, said the pace of rate hikes would accelerate from once every six months to once every three months. He indicated that the Bank of Japan is expected to take action in December, following September.
The article also suggests that, from the perspective of a BOJ watcher, the scope for coordinated intervention by Japan and the United States, trends in long-term interest rates, and the outlook for the terminal rate are among the issues expected to be discussed.