Bank of Japan's Rate Hike: MUFG's Warning & Seki's Outlook

Markets predict a 90% chance of Bank of Japan rate hike, with MUFGs Hiroyuki Seki warning of potential yen weakness if clear rate hike expectations arent set. Seki emphasizes the need to normalize monetary policy, projecting a final interest rate between 1.25% and 1.5% by mid-2027, with twenty-five basis point increases every six months.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.