The Bank of Japan is expected to move ahead with a rate hike at its September monetary policy meeting. With US pressure in the background and efforts to correct the yen's weakness gaining ground in the market, some also expect the BOJ to accelerate the pace of rate hikes amid concern over inflation.
The Bank of Japan is reportedly expected to move ahead with a rate hike at its September monetary policy meeting. In the market, expectations are strengthening that the BOJ needs to raise the pace of rate hikes amid concern that inflation will accelerate.
Reports say that US pressure is influencing the BOJ's policy decisions, and the government and the BOJ are expected to take measures that would support a stronger yen. US Treasury Secretary Scott Bessent is said to have directly urged BOJ Governor Ueda (植田) to raise interest rates.