Reported 5 months ago
According to former Bank of Japan policy board member Takako Masai, Japan's central bank has the potential to increase its benchmark rate to as high as 0.5% by the year's end if economic conditions remain stable. Masai indicated that corporate and household inflation expectations have shifted with rising prices in recent years, and the BOJ needs to focus on communicating effectively about the weaker yen's impact on consumption while considering further steepening of the government bond yield curve.
Source: YAHOO