The Bank of Japan has raised interest rates by 25 basis points to 1.25%, and the market is paying attention to the subsequent path of interest rate hikes

The Bank of Japan has raised its policy interest rate by 25 basis points to 1.25%, and Governor Kazuo Ueda will explain the decision and future interest rate path at a press conference. The foreign exchange market is paying attention to the extent of subsequent interest rate hikes. A Reuters survey shows that the market expects interest rates to reach 1.5% by the end of March 2027 and rise to 1.75% in the second quarter. (Source: Jin Shi)