BOJ May Hike Interest Rates Four Times by 2027, Ex-Official Says

Bank of Japan Governor Kazuo Ueda’s policy path may include as many as four rate increases by 2027, with three more coming after a widely anticipated move next week, according to a former executive director.

“They are probably thinking they have completely fallen behind the curve,” Hideo Hayakawa, the former official, said in an interview Wednesday. “Ueda will probably indicate that it’s not the end of the cycle even after raising the rate this time.”