The Bank of Japan could raise interest rates every three months and take its policy rate to 2% by June 2027 as inflation pressures build, former BOJ board member Makoto Sakurai said. Higher fuel costs, a weaker yen and strong AI-related demand could push Japanese inflation above 3% through early 2027.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.