Mizuho Bank: US economy may be the most important factor in the Bank of Japan's rate hike cycle

Odaily News Mizuho Securities economist Yusuke Matsuo said that the summary of the opinions of the Bank of Japan's September meeting showed that the U.S. economy may be the most important factor when the Bank of Japan considers the possibility of further interest rate hikes. The summary shows concerns about the speed of the Fed's interest rate cuts and its impact on Japan. A member of the Bank of Japan's policy committee said it would take some time to assess the impact of U.S. policy changes on the market. Yusuke Matsuo expects the Bank of Japan to raise interest rates to 0.5% in December or later and pause at this level for a while. (Jinshi)