Bank of Japan Interest Rate Decision Preview: Rates Expected to Remain Unchanged This Month, Possibility of Rate Hike in May Increases

BlockBeats News, March 19th, a preview of the Bank of Japan's interest rate decision is as follows:

1. Standard Chartered: The Bank of Japan may keep interest rates unchanged, with the next rate hike likely to occur in the second quarter of 2025 to balance inflation risks and growth targets.

2. JPMorgan Chase: The Bank of Japan may keep interest rates unchanged and may suggest the possibility of a rate hike at the next meeting in May, with the baseline scenario being a rate hike in June.

3. ANZ Bank: The Bank of Japan may keep interest rates unchanged and is expected to raise rates twice this year in May and October, each time by 25 basis points. If volatility increases, the central bank's willingness to adjust policy in May will be limited.

4. Capital Economics: The Bank of Japan may keep interest rates unchanged, but due to the inflation rate exceeding expectations, the central bank is likely to raise rates in May instead of the widely expected July. It is expected that the central bank will raise rates to 1.5% by 2027.

5. Bank of America: The Bank of Japan may keep interest rates unchanged. One focus may be the press conference after Governor Kuroda's meeting, especially the Bank of Japan's assessment of recent data and hints about the timing of the next rate hike; another focus is the central bank's stance on recent financial environment tightening.

Today at 14:30, Bank of Japan Governor Kuroda will hold a monetary policy press conference. (via Kinth)