Rakuten Securities: Bank of Japan may raise interest rates at next month's meeting unless energy concerns intensify further
- Nobuyasu Atago, economist at Rakuten Securities Economic Research Institute, stated that the Bank of Japan may raise interest rates at the next meeting unless concerns over energy supply intensify further before mid-June.
- Atago said, "Once the impact on supply chains—especially the risk of disruptions in crude oil and naphtha procurement—begins to ease, the bank is likely to move quickly to raise interest rates."
- Bank of Japan Governor Kazuo Ueda previously stated that the bank is focused on not falling behind in addressing inflation.
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