JPMorgan Chase: Bank of Japan may continue to raise interest rates
2025-12-22 01:46:10
JPMorgan economist Ayako Fujita said in a note that the Bank of Japan may continue to raise interest rates to ease concerns about the weakness of the yen. Bank of Japan Governor Kazuo Ueda said at a press conference on Friday that some committee members have expressed concerns about the impact of the weaker yen on future inflation. Many reporters have questioned whether the continued depreciation of the yen is because the Bank of Japan has delayed policy adjustments. JPMorgan expects the Bank of Japan to raise interest rates twice next year, in April and October, and the policy rate will reach 1.25% by the end of 2026. (Jin Ten)
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