BOJ Member Junko Koeda Calls for Rate Hike on Inflation Risk
BOJ board member Junko Koeda urged rate hikes as Middle East tensions threaten to push inflation above target. Her remarks boost chances for a June move.
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Bank of Japan board member Junko Koeda called for interest rate hikes to prevent inflation from overshooting its 2% target. The policy shift would lift rates from the current 0.75% level as Middle East conflict drives energy costs higher. For investors, the hawkish pivot suggests a tightening cycle could begin as early as mid-June.
