IMF expects pace of Japan's interest rate hikes to speed up slightly
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The IMF anticipates that the Bank of Japan will increase interest rates at a slightly faster pace than previously expected, projecting a gradual rise towards a neutral rate of about 1.5% by the end of 2027. Japan's economy is expected to grow 1.2% in 2025, slowing to 0.7% in 2026 and 0.6% in 2027. Inflation is predicted to moderate and align with the BOJ's 2% target as commodity prices ease. The BOJ's next policy meeting on April 27-28 is under scrutiny, with market volatility due to the Middle East conflict affecting economic forecasts.
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Source: Businesstimes News The copyright of this article belongs to the original author/organization.
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