Based on his own assessment, Hayakawa said he sees the BOJ’s terminal rate in this cycle somewhere around 1.5%. That’s higher than most analysts’ view, although it’s in line with a ...
It just wasn’t obvious why. As the BOJ this week considers a third tightening, his argument for raising interest rates has become clear — in case they need to be cut later. It has a certain ...
While the tight labour market is not a new trend, the BOJ's more vocal concerns about the resulting wage and inflationary pressures mean it will be more inclined to look past economic weakness as ...