Sumitomo Mitsui Nikko Securities economists forecast the Bank of Japan will raise its policy rate to 1.25% at the September meeting and to 1.75% by June 2027, stating a move to 2% is unlikely; overnight index swaps currently price an 84% probability of a September hike.
Jin1008/21, 12:15 PM
- 1%
- 1.25%
- 1.75%
- 2%
Figures as quoted by Jin10
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