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Global Market: BOJ could raise rates to 2% by June 2027 as inflation risks mount: Sakurai

Economic Times Markets
Global Market: BOJ could raise rates to 2% by June 2027 as inflation risks mount: Sakurai
Economic Times Markets

The Bank of Japan could raise interest rates every three months and take its policy rate to 2% by June 2027 as inflation pressures build, former BOJ board member Makoto Sakurai said. Higher fuel costs, a weaker yen and strong AI-related demand could push Japanese inflation above 3% through early 2027.

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Source: Economic Times Markets

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