Former Bank of Japan review member: The possibility of raising interest rates in March has increased
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2025-01-09 09:02 8,533
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Golden Finance reported that Makoto Sakurai, a former member of the Bank of Japan's policy committee, said that in view of the growing uncertainty caused by US President-elect Trump, the possibility that the Bank of Japan will delay raising interest rates until March is increasing. "There seems to be too much uncertainty when Trump is commenting on various things. There may not be enough reasons to support a rate hike in January." Sakurai's speech came as BOJ watchers are looking for details about this month's or a hint of a rate hike later. Makoto Sakurai believes that the possibility of raising interest rates in March is as high as 70%, because the Bank of Japan may prefer to wait until the situation becomes clearer in the first few months after the new Trump administration takes office before taking action. (Golden Ten)