BOJ likely to raise interest rates to 1 percent by June
A Reuters poll shows most economists expect the Bank of Japan to raise rates to 1.00% by June. Rising energy costs and yen weakness fuel inflation concerns.
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The Bank of Japan is increasingly expected to raise its benchmark interest rate to 1.00% by the end of June, according to a recent Reuters poll. This shift in sentiment comes as policymakers in Japan face mounting inflation risks exacerbated by geopolitical instability in the Middle East. Nearly two-thirds of surveyed economists now anticipate the move, with many viewing a hike in either April or June as equally likely.
