A source familiar with the Bank of Japan’s thinking said the central bank is expected to raise interest rates at next week’s policy meeting, with a 25-basis-point move seen as the most likely outcome, according to a Sept. 11 update cited by BlockBeats and attributed to Jin10. The source also said the BOJ may signal that it is preparing to speed up the pace of rate hikes. At the same time, the source said the central bank has not formed a preset view on the terminal rate or on the timing of any additional tightening steps after that meeting. The remarks point to a possible shift in near-term policy communication while leaving the longer-term path undecided.
A source familiar with the Bank of Japan said the central bank is expected to raise rates at next week’s policy meeting, with a 25-basis-point increase seen as the most likely move, according to a Sept. 11 update cited by BlockBeats and attributed to Jin10.
The source said the BOJ may hint that it is preparing to accelerate the pace of rate hikes. The source also said the bank does not hold a preset view on the terminal rate or on the timing of any further rate increases.
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