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BOJ Hike on the Horizon as Inflation Pressures Mount

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JPY
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Japan's monetary policy is on the minds of investors as ING economists Deepali Bhargava and Lynn Song expect the Bank of Japan to raise its policy rate by 25bp to 1.25%.

This move, according to ING, is in response to persistent price pressures.

The economists project two further 25bp hikes in January and April 2027, taking the rate to 1.75%.

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