Bank of Japan's next rate hike likely in July or October, Nikkei reports

 

Bank of Japan's next rate hike likely in July or October, Nikkei reports

FILE PHOTO: On March 18, 2024, people stroll by the Bank of Japan skyscraper in Tokyo, Japan. Kim Kyung-Hoon/File Photo via REUTERS

As per the Nikkei newspaper on Thursday, the Bank of Japan is expected to raise interest rates in either July or October, with an October hike being deemed more probable since it would allow the BOJ approximately six months to assess the impact.