An 'Eagle Storm' is approaching? Sources indicate that the Bank of Japan's interest rate hike next week is a certainty, with more hawkish signals on the way.
① It is a foregone conclusion that the Bank of Japan will raise interest rates next week, with expectations that the rate will increase from 0.5% to 0.75%, reaching its highest level in three decades; ② Bank of Japan Governor Kazuo Ueda stated that the pace of future rate hikes will depend on the economy's response to each increase, emphasizing that real borrowing costs remain negative; ③ Despite market speculation that the Bank of Japan may not significantly raise interest rates further, sources indicate that the central bank will attempt to dispel such speculation.
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