- Takuji Aida, an economic adviser to Prime Minister Sanae Takaichi, projects a September BOJ rate increase followed by hikes once every quarter through January next year.
- Aida cites a narrow window for the hike before an extraordinary parliamentary session begins in early October.
Quotes
“The Bank of Japan is likely to raise interest rates in September and keep hiking at a pace of once every quarter until January next year”
“September provided a narrow window of opportunity for a hike before an extraordinary session of parliament convenes in early October”