JPMorgan analysts expect the BOJ will raise rates in April and October 2025. Bringing the policy rate to 1.0% by the end of 2025.
- BOJ will likely raise rates twicee to 1.5% in 2026
JPMorgan cites:
- In a global context, the BOJ is set to continue marching to the beat of its own drum, pointing to a year of underperformance for” Japanese yields relative to global developed market peers
Bank of Japan Governor Ueda
