November 28, 2024 at 02:15AM
JPMorgan analysts expect the BOJ will raise rates in April and October 2025. Bringing the policy rate to 1.0% by the end of 2025.
BOJ will likely raise rates twicee to 1.5% in 2026
JPMorgan cites:
In a global context, the BOJ is set to continue marching to the beat of its own drum, pointing to a year of underperformance for” Japanese yields relative to global developed market peers
Bank of Japan Governor Ueda
This article was written by Eamonn Sheridan at www.forexlive.com.
JP Morgan says Bank of Japan will hike to 1.5% (but not soon)