The Bank of Japan is reportedly considering accelerating the pace of rate hikes. The market is pricing in an over 80% probability of a rate hike in September.
The Bank of Japan is reportedly considering accelerating the pace of rate hikes, and the market expects the probability of a rate hike in September to exceed 80%.
The article presents the views of former policy board member Noguchi Akira (野口旭), who is cited as expressing growing concern about wage and price trends.
Experts are said to be closely watching the Bank of Japan's next steps.