Masahiko Loo at State Street said the Bank of Japan could move the next rate hike forward to September or October rather than wait the widely expected six-month interval; he expects a gradual path toward a terminal rate of 1.5%–1.75%. BOJ Governor UE

2026-07-31

Masahiko Loo at State Street said the Bank of Japan could move the next rate hike forward to September or October rather than wait the widely expected six-month interval; he expects a gradual path toward a terminal rate of 1.5%–1.75%. BOJ Governor UEDA said at a Friday press conference he is highly concerned about upside inf risk and that if financial conditions are judged too loose, the bank could accelerate the pace of hikes.