Central Banks
Former BOJ Board Member Sees Rising Chance of March Rate Hike
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The likelihood is increasing that the Bank of Japan will wait until March for its next interest rate hike, given growing uncertainties stemming from President-elect Donald Trump, according to a former policy board member.
“There seems to be too much uncertainty as Trump comments on various matters,” said former board member Makoto Sakurai in an interview Wednesday. “There may not be enough reasons to support a rate hike in January.”