Former policymaker says Bank of Japan may hike interest rates in March to curb yen weakness
The Bank of Japan may raise rates in March if the yen resumes its slide. Former official Makoto Sakurai says a hike could help curb rising import costs.
Former Bank of Japan board member Makoto Sakurai warned that the central bank may raise interest rates as soon as March if the yen renews its slide ahead of a high-profile summit between Japan 
JP and the United States 
US. Speaking on the potential shift in monetary policy, Sakurai indicated that the Bank of Japan could act during its upcoming policy meeting on March 18-19, particularly if currency volatility persists.
JP and the United States US. Speaking on the potential shift in monetary policy, Sakurai indicated that the Bank of Japan could act during its upcoming policy meeting on March 18-19, particularly if currency volatility persists.
