BOJ May Hike Rate to 0.5% by Year-End, Ex-BOJ’s Masai Says

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BOJ May Hike Rate to 0.5% by Year-End, Ex-BOJ’s Masai Says
Bloomberg TVTakako MasaiBank Of Japan
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(Bloomberg) -- Japan’s central bank has scope to hike its benchmark rate to as high as 0.5% by the end of the year if economic conditions stay more or less...

-- Japan’s central bank has scope to hike its benchmark rate to as high as 0.5% by the end of the year if economic conditions stay more or less on the same track, according to a former member of the Bank of Japan’s policy board.Sunak National Service Plan Faces Enforcement, Funding Questions

The BOJ needs to ramp up its communication on the yen and remain wary of its possible impact on consumption, she said. Masai served on the bank’s board for five years until June 2021. She said it’s still hard to discern the BOJ’s exact assessment of the weak yen’s impact on the economy.I’m an Economist: Here Are My Predictions for Inflation If Trump Wins

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