Goldman Sachs: Nomination of new Bank of Japan governor may reduce the likelihood of recent rate hikes

MarsBitNews · 2026-02-26T06:34:32+00:00

Goldman Sachs research team points out that the two central bank policy committee nominees by the Japanese government have reduced the likelihood of a rate hike in April or June. The two candidates previously advocated for active fiscal expansion and accommodative monetary policy, and are expected to be cautious about rate hikes. Goldman Sachs predicts the next rate increase will be in July.

MarsBitNews

2026-02-26 06:34:32

Abstract generation in progress

Goldman Sachs research team economist Akira Otani stated in a research report on February 26 that the Japanese government’s nomination of Asada Tōichirō and Sato Ayano as members of the Bank of Japan Policy Board has somewhat reduced the likelihood of an early rate hike in April or June. Although the two candidates have not publicly commented on current economic policies, they have advocated for active fiscal expansion and loose monetary policy in recent years. Based on past statements, these nominees may be relatively cautious about further rate hikes. Goldman Sachs maintains its baseline forecast that the Bank of Japan’s next rate increase will occur in July. (Jin10)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.