BOJ to Pledge More Rate Hikes as Japan Eyes Gradual Policy Tightening

TLDR: BOJ likely to raise rates to 0.75% at December 18-19 policy meeting. Future hikes will depend on how past moves affect lending and corporate financing. Neutral rate estimate will guide policy but won’t dictate timing of hikes. Real borrowing costs in Japan remain deeply negative, justifying further increases. BOJ to pledge more rate hikes [...]

The post BOJ to Pledge More Rate Hikes as Japan Eyes Gradual Policy Tightening appeared first on Blockonomi.