BOJ Schedules Policy Meeting Amid Rate Hike Speculation

The Bank of Japan (BOJ) has set its next policy meeting in July 2027, coinciding with the end of terms for two hawkish board members.

Naoki Tamura and Hajime Takata will vote on interest rates before their five-year terms expire on July 23rd. The scheduling quirk could influence how high Japanese interest rates may rise.

The BOJ has typically held its July meetings towards the end of the month, but this year's review falls in mid-month.

The central bank is expected to raise rates soon, with sources suggesting a hike as early as September and potentially more aggressive tightening thereafter.