Mizuho Securities: The probability of a Bank of Japan rate hike in April drops to 17%

According to Mizuho Securities economists, due to geopolitical risks, the likelihood of an interest rate hike at the April Bank of Japan meeting is low, with market expectations dropping from about 60% to 17%. The Bank of Japan Governor mentioned the dual impact of the Middle East conflict on prices and prefers to assess the situation cautiously, possibly making a decision at the June meeting instead.