The Bank of Japan believes its interest rate hike cycle may be prolonged until interest rates exceed 0.75%.

According to Odaily Planet Daily, market sources indicate that the Bank of Japan believes its interest rate hike cycle may be prolonged until rates exceed 0.75%. The Bank of Japan is still unable to determine the exact level of its neutral interest rate, and (remains) confident that the range of the neutral interest rate will remain wide. (Jinshi)