Nomura Securities: Advance the expected time for the Bank of Japan's next interest rate hike to January
Odaily Planet Daily News: Nomura Securities analysts have advanced their forecast for the Bank of Japan's next interest rate hike from March to January, as recent statements indicate that the Bank of Japan is more confident in factors that may affect its decision to raise interest rates. Analysts cited a speech by the Deputy Governor of the Bank of Japan, stating that the bank will come to the conclusion that rising wages in Japan and reduced policy uncertainty in the United States. Kyohei Morita and Uichiro Nozaki wrote that the clear details of tariffs and other policies in Trump's inauguration speech next week will support the Bank of Japan's interest rate hike. They added that even so, if the speech triggers financial market volatility, the Bank of Japan may keep interest rates unchanged. The Bank of Japan may raise its CPI inflation expectations, but Nomura does not expect the central bank to accelerate the pace of interest rate hikes. (Golden Ten)