On October 7, Jin10 reported that TD Securities stated that the Bank of Japan may raise interest rates in December and has revised its previous expectations for an increase in October. The bank's strategist pointed out that the long-term advisor to the new leader of the ruling party, Kishi Sanae, Honda Yoshirou, hinted in an interview that Kishi's government would not oppose further rate hikes, but it may take some time to implement the policy. The strategist said, “We expect the Bank of Japan's hawkish stance… will be more inclined to wait a bit longer.” They also added that the Bank of Japan Governor Ueda Kazuo is also likely to release hawkish signals in October to pave the way for a rate hike in December, in order to avoid surprising the market.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
