Log in Register
Shutterstock 766875940 (1)

BOJ Monetary Policy Navigator

Revising our BoJ policy rate scenario; now expecting next hike at September MPM

Download PDF Printable Version

Related Content

Revising our BoJ policy rate scenario; now expecting next hike at September MPM

Key points

  • Governor Ueda pledged at July 31 press conference to hold thorough discussion at next and subsequent MPMs, mindful of upside price risks

  • Japan-US authorities conducted coordinated yen-buying intervention; Takaichi cabinet appears wary about higher prices and rising long-term yields from accelerating yen weakness

  • Revising our BoJ policy rate scenario; now expecting next hike at September MPM, higher terminal rate of 1.75%

Disclaimer Terms and Conditions

I understand that any materials on this website have been produced only for persons regarded as professional investors (or equivalent) in their home jurisdiction and in jurisdictions which the MUFG entity producing the material is permitted to do so under applicable laws, rules and regulations.

I also understand that all materials on this website are not investment research or investment advice.

Continue Exit