JPMorgan: The Bank of Japan may continue to raise interest rates.

JPMorgan economist Ayako Fujita stated in a report that the Bank of Japan may continue to raise interest rates to alleviate concerns about the weak yen. Bank of Japan Governor Kazuo Ueda said at a press conference last Friday that some committee members expressed concerns about the impact of the yen's depreciation on future inflation. Many reporters questioned whether the continuous depreciation of the yen was due to the Bank of Japan delaying policy adjustments.
JPMorgan expects the Bank of Japan to raise interest rates twice next year, in April and October, reaching a policy rate of 1.25% by the end of 2026.