BOJ hike path steepens as yen weakness persists

Bloomberg · 3 hours ago
BOJ hike path steepens as yen weakness persists
  • Nomura says a quarter-point BOJ increase this month looks reasonable.
  • Nomura sees back-to-back hikes in October and December under a yen slide toward 160.

Quotes

A quarter-point increase this month “looks reasonable,Yujiro Goto
it’s possible that we can have back-to-back rate hikes in October and December if the momentum of yen weakness continues toward 160Yujiro Goto

Sources