BOJ likely to hike rates to 1.5% under Ueda, former board member predicts
Yahoo Finance·2025-09-26 06:37
By Leika Kihara and Takahiko Wada TOKYO (Reuters) -The Bank of Japan will probably raise its benchmark interest rate at least four more times to 1.5% before Governor Kazuo Ueda's term ends in early 2028, former central bank board member Makoto Sakurai told Reuters. Sakurai, who retains close contact with incumbent policymakers, forecast another hike by year-end, two more increases in fiscal 2026, and one or two hikes in the year ending March 2028. "The BOJ is likely to steadily raise interest rates an ...