BOJ could raise rates every quarter, ex-policymaker says
Makoto Sakurai said inflation pressures could force the Bank of Japan to lift rates about once every three months.
8 Articles
8 Articles
The Economic Times
Times of IndiaGlobal Market: BOJ could raise rates to 2% by June 2027 as inflation risks mount: Sakurai
The Bank of Japan could raise interest rates every three months and take its policy rate to 2% by June 2027 as inflation pressures build, former BOJ board member Makoto Sakurai said. Higher fuel costs, a weaker yen and strong AI-related demand could push Japanese inflation above 3% through early 2027.
The former member of the Board of Directors of the Bank of Japan, Makoto Sakurai, expects the Central Bank to raise interest rates at a rate of approximately once every three months to 2% by June next year, in order to cope with the mounting inflationary pressures caused by the repercussions of the global economic situation. In its statements, the Central Bank explained that the central bank had raised interest rates [...] with expectations of r…
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