Bank of Japan weighs April rate hike amid Iran war risks
The Bank of Japan may hike rates in April as the Iran war raises inflation risks. Rising oil costs prompt a hawkish shift despite global economic uncertainty.
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The escalating conflict in the Middle East involving Iran is generating new supply shocks that could accelerate the Bank of Japan's hawkish monetary policy. According to sources familiar with the central bank's deliberations, these inflationary risks may lead to another interest rate hike as early as April, marking a significant shift in the bank's traditional focus on supporting growth through low borrowing costs.
