Bank of Japan Insider: Timing of Rate Hike May Be Sooner Than Market Expects

BlockBeats News, January 16th - Sources said the weakening yen could exacerbate inflationary pressures, which has increasingly caught the attention of the Bank of Japan. The Bank of Japan is likely to raise its economic growth and inflation forecasts for the fiscal year 2026 in the quarterly assessment to be released next week.

Sources also said that some insiders at the Bank of Japan believe that the timing of a rate hike may be earlier than the market expects. (Kyodo News)