BOJ may begin raising interest rates as soon as March and could implement up to three increases in 2026, according to a Mizuho executive
Bank of Japan May Raise Interest Rates Multiple Times in 2026
According to Kenya Koshimizu, the co-head of global markets at Mizuho Financial Group, the Bank of Japan could potentially increase its main interest rates up to three times this year, with the first hike possibly occurring as soon as March or April. This outlook is driven by ongoing inflation that remains above the central bank's target and the continued weakness of the yen.
Koshimizu highlighted several encouraging signs for the Japanese economy, including nominal economic growth rates of 3 to 4 percent, which support the case for further rate increases in the coming months.
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