Bank of Japan may raise rates as soon as June (opinion from ex-BOJ chief economist)

Former Bank of Japan chief economist Sekine in a Bloomberg report. In brief:

  • BOJ may raise its rates as many as three more times this year
  • Next move potentially coming in June
  • Sekine citing how much room there is to adjust its “excessively” easy settings

more to come

***

Toshitaka Sekine is a Professor in the Asian Public Policy Program at Hitotsubashi University.

  • prior to taking up the current position, he spent 33 years as an economist at the Bank of Japan, the BIS and the IMF
  • was the Director-General of the Research and Statistics Department, equivalent to the “Chief Economist” of the Bank of Japan from 2015 until 2019

This article was written by Eamonn Sheridan at www.forexlive.com. Source