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Former BOJ Official Rules Out Additional Rate Hikes This Year, Suggests Next Move in March 2023

Former BOJ Official Rules Out Additional Rate Hikes This Year, Suggests Next Move in March 2023

CointimeCointime2024/08/12 07:06
By:Cointime

Former Bank of Japan official Makoto Sakurai has stated that there will be no additional interest rate hikes this year, which could be good news for risk assets. Instead, the next rate hike may occur in March 2023. Sakurai's comments suggest that the central bank is prioritizing market stability in the short term. He also added that it is uncertain whether there will be a rate hike by next March.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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