Yen Rises After Bank of Japan Lifts Rates to Highest Since 2008

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Yen Rises After Bank of Japan Lifts Rates to Highest Since 2008 - Asia Financial

Quick Summary:

"The likelihood of achieving the BOJ's outlook has been rising," the central bank said, as many firms say they will continue to raise wages steadily in this year's annual wage negotiations

The post Yen Rises After Bank of Japan Lifts Rates to Highest Since 2008 appeared first on Asia Financial.

Saisuke Sakai, chief economist at Mizuho Research & Technologies, expect the BOJ to hike once every six months.“The next rate hike will likely come in the July-September period, followed by another one early next year,” he said.