Mitsubishi UFJ Morgan Stanley Securities moved forward its projected BOJ
rate-hike dates from Jan 2027 and Jun 2027 to Dec 2026 and Apr 2027. The firm
said that as markets increasingly price further Fed hikes, the BOJ may quicken
withdrawal of policy support. BOJ July minutes showed one policymaker noting
core inflation is nearing 2% and that upside price risks warrant greater
attention, saying the pace of tightening could be faster than markets expect.