Institution : Le soutien de Sanpiao à la hausse des taux est inattendu, la Banque centrale du Japon maintiendra sa tendance à augmenter les taux

Finance Gold reports that on April 28th, Hirofumi Suzuki, Chief Foreign Exchange Strategist at Sumitomo Mitsui Banking Corporation in Japan, stated that there were three votes supporting how much to raise interest rates, which was somewhat unexpected, and policy committee member Junko Nakagawa also shifted to support the rate hike. In Japan, the impact related to the Middle East shock has already begun to be reflected in consumer confidence, which is concerning in itself, and this influence is expected to further transmit to prices. Meanwhile, the Japanese yen still faces depreciation pressure in the financial markets. Overall, the Bank of Japan will have no choice but to maintain its inclination to raise interest rates. If the Middle East situation can be confirmed to have eased, it is expected that the bank will further raise interest rates around June to July. (Jin10)