Bank Of Japan Official Advocates Gradual Interest Rate Hikes

According to Odaily, Bank of Japan Policy Board member Takata Hajime recently expressed hawkish views, advocating for a continued gradual increase in interest rates. Barclays anticipates that the Bank of Japan will raise rates every six months. However, Barclays also cautions that the timing of these hikes could be advanced, depending on how U.S. President Donald Trump's administration perceives the depreciation of the yen.