BOJ May Raise Rates from 0.75% to 1.5% by 2027, Starting in July: S&P

GateNews
According to S&P Global on May 19, economist Harumi Taguchi forecasts the Bank of Japan may raise its policy rate from the current 0.75% to 1.0% in July, with further increases in December and 2027 pushing rates to 1.5%. Taguchi noted the BOJ could accelerate increases if oil price gains and yen weakness intensify inflation concerns.
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