Former Bank of Japan Governor: The Bank of Japan is likely to raise interest rates twice a year in both 2026 and 2027, bringing rates to around 1.5% to 1.75%.
PANews reported on February 25 that former Bank of Japan Governor Haruhiko Kuroda stated: The Bank of Japan is likely to raise interest rates twice a year in both 2026 and 2027, increasing rates to around 1.5% to 1.75%. Japan's economic conditions are good, and there is a need to tighten fiscal and monetary policy. The yen's recent level against the US dollar, around 157, is "somewhat too weak." Prime Minister Sanae Takaichi's spending and tax cut plans may exacerbate inflation and push up bond yields.
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